Huge Ethereum Rally Helps Lift Cryptocurrency Market

Ethereum is moving quickly upward and is gaining back ground lost in early 2025 thansk to a crypto market surge.

Written by: Timothy St. John • Tuesday, June 10, 2025 • 2 min read

• Last updated: Tuesday, June 10, 2025

Ethereum is one of the fastest climbing coins this year.

Quick overview

Ethereum (ETH) surged 8.84% to $2,752, boosting other major cryptocurrencies like Cardano, TRON, and Avalanche.
Over the past two months, Ethereum has increased by 67%, recovering from a low of $1,643 in April.
Despite its recent gains, investors should be cautious as ETH has a history of volatility and a significant drop from its December 2024 high of $3,883.
The upcoming consumer and producer price index reports may influence Ethereum's momentum and the Federal Reserve's interest rate decisions.

Ethereum (ETH) climbed 8.84% Tuesday morning to reach a price of $2,752 (ETH/USD), and at the same time lifting much of the larger crypto coins with it.

Ethereum is climbing fast and lifting many other crypto coins with it.

A number of major cryptocurrencies posted gains on Tuesday morning. Among them were Cardano (ADA), TRON (TRX), and Avalanche (AVAX), gaining 4.59%, 3.79%, and 6.46%, respectively. Dogecoin (DOGE), Hyperliquid (HYPE), and Solana (SOL) also saw big bumps as trading continued heavily from Monday evening into Tuesday morning.

Ethereum has shown perhaps one of the strongest uptrends in the cryptocurrency industry over the last two months. It has climbed almost continuously for two straight months, moving from $1,643 back in April to its current June price of $2,752. That is an increase of 67%, which is better than the vast majority of the market.

It would seem like Ethereum is doing very well, but investors who have not checked in on this coin much this year should know that ETH fell from a December 2024 high of 3,883. So, it has a lot of lost ground to recover, and the coin had been on a strong downward trend throughout much of 2025 until April.

Can Ethereum Keep up Its Momentum?

Investors should be careful with ETH at this time. As it has been trending up for a while now, there is a high risk that the coin will backtrack. Now, how far it would fall and how long it would stay down are debatable. The current trend would indicate that if ETH does retreat, it would only be for a short while.

Ethereum is slowing down at the time of writing, but that is to be expected after it moved so high so quickly. The coin’s trade volume has nearly doubled in the last 24 hours, which is incredible and also unsustainable. While Ethereum is very likely to slow down further today, it could pick up steam again during the week after the reports on the consumer price index and producer price index are released.

These reports will show if the needle on inflation has moved at all, and that information will likewise inform the Federal Reserve as to whether they should move forward with interest rate cuts or not.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.