Ethereum is trading at $1,860.23 as of August 2, 2026, down 0.26% over the past 24 hours and down 1.36% over the past week, holding a relatively tight range as Bitcoin’s ETF-driven stability helps anchor broader crypto sentiment heading into the first full week of August.
Key Takeaways
- ETH trades at $1,860.23, down 0.26% today and down 1.36% over the past week
- Bitcoin’s stability above $63,000, supported by fresh ETF inflows and on-chain accumulation, is providing a steadying influence across the broader market including Ethereum
- A major hardware wallet security incident — the Coldcard exploit, which drained $38 million in Bitcoin from roughly 500 wallets on July 31 — has reignited broader self-custody security debates relevant across crypto
- Friday’s US jobs report and the August 12 CPI release are the next major macro catalysts likely to shape sentiment across Ethereum and the broader market
- Market cap sits near $224.49 billion on $5.84 billion in 24-hour volume
Market Overview
| Metric | Value |
|---|---|
| Price | $1,860.23 |
| 1h Change | -0.30% |
| 24h Change | -0.26% |
| 7d Change | -1.36% |
| Market Cap | $224.49B |
| 24h Volume | $5.84B |
| Circulating Supply | 120.68M ETH |
Ethereum Price Today
ETH is trading in a relatively narrow range today, tracking Bitcoin’s steadier tone as fresh ETF inflows and on-chain accumulation help anchor broader sentiment despite seasonal caution around August. Weekend trading volume remains thinner than weekday levels, typical for crypto markets, with more decisive price action likely to wait until macro data releases later in the week.
Support and Resistance
| Level | Price |
|---|---|
| Resistance 2 | $1,920 |
| Resistance 1 | $1,890 |
| Current Price | $1,860 |
| Support 1 | $1,820 |
| Support 2 | $1,780 |
Why Is Ethereum Trading Steady Today?
Ethereum’s relatively calm price action today reflects the broader market’s wait-and-see posture ahead of this week’s key macro data. Bitcoin’s resilience above $63,000, supported by ETF inflows and accumulation data, is providing a stabilizing anchor for sentiment across majors including ETH, even as the Coldcard hardware wallet exploit continues generating discussion about self-custody security practices relevant to Ethereum holders as well as Bitcoin’s.
What This Means for the Days Ahead
Friday’s US jobs report is this week’s most significant catalyst, given its outsized influence on expectations for the Fed’s September rate decision. The August 12 CPI release follows shortly after, with both data points likely to shape risk appetite across Ethereum and the broader crypto market heading deeper into a historically challenging month for digital assets.
