The current price of Ethereum (ETH) is approximately $1,910 as of Friday, August 7, 2026. The second-largest cryptocurrency has firmed up alongside Bitcoin this week after Friday's much weake
The current price of Ethereum (ETH) is approximately $1,910 as of Friday, August 7, 2026.
The second-largest cryptocurrency has firmed up alongside Bitcoin this week after Friday's much weaker-than-expected July jobs report cooled bets on additional Fed rate hikes, a shift that tends to support risk assets.
Ethereum Price
Ethereum price (ETH to USD)
$1,910
Market capitalization
$233 billion
Market rank
#2
Circulating supply
122 million ETH
2025 high
near $5,000
Ethereum is trading in step with the wider crypto market, which turned higher after the July U.S. jobs report missed badly — the economy lost 23,000 jobs versus forecasts of about 80,000 gains, with unemployment at 4.1%.
Softer labor data makes another Fed rate hike harder to justify, and futures now price in roughly a 56% chance of a pause at the September 16 meeting.
Ether has additional demand drivers of its own, including staking, spot ETH ETF flows, and activity across its layer-2 networks and stablecoin ecosystem.
As of August 7, 2026, one Ether is worth approximately $1,910, little changed on the day and modestly higher over the past week. ETH remains well below its 2025 high near $5,000.
Ethereum's market capitalization is about $233 billion, making it the second-largest cryptocurrency after Bitcoin.
Unlike Bitcoin, Ethereum has no fixed maximum supply; its roughly 122 million circulating coins are affected by both new issuance and the fee-burning mechanism introduced in 2021.
As of August 7, 2026, Ethereum is trading at roughly €1,650 (EUR), £1,415 (GBP), CA$2,660 (Canadian dollar) and ₹181,600 (Indian rupee), based on prevailing exchange rates.
Ethereum is a decentralized, open-source blockchain launched in 2015 by a group including Vitalik Buterin. Its native token, Ether (ETH), powers the network and pays for transactions.
Ethereum popularized smart contracts — self-executing programs that underpin most of decentralized finance (DeFi), NFTs, stablecoins and tokenization. In 2022, Ethereum shifted from proof-of-work to a more energy-efficient proof-of-stake system in an upgrade known as "The Merge."
Disclaimer: This article is for informational purposes only and is not investment, financial, or tax advice, or a recommendation to buy or sell any asset. Prices are accurate only as of the time of writing and can change without notice. Cryptocurrencies are highly volatile and can result in loss of capital — do your own research before investing.
