Ethereum investors are finally seeing green, with ETH +2.10% and up 3.4% in the last 24 hours as of 6:10 p.m. on Tuesday, trading around $3092.77.
The advance comes as the S&P 500 and Nasdaq Composite rose 0.9% and 1.3%, respectively, underscoring a broader market backdrop for risk assets.
Yesterday’s job numbers from the Federal Reserve Bank of Cleveland boosted expectations for another rate cut, a factor some traders cited as supportive for Ethereum in a lower-rate environment.

Ethereum Rises as Markets Rally Ahead of Rate Cuts
ETH climbs about 3.4% in 24 hours to $3092.77, while major indexes rise and traders weigh potential Federal Reserve policy moves.

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