🔷 Why is Ethereum price up today? Is it a dead-cat bounce?
Ethereum (
$ETH ) price gained over 3% so far on Wednesday, March 4, 2026, to reach a local high of about $2,090.
The large-cap altcoin, with a market cap of about $245.9 billion, rallied in tandem with Bitcoin (
$BTC ) to trade around $2,041 at press time.
🔸 Why is Ethereum price up today?
The main reason why Ethereum price rallied above $2,000 on Wednesday was due to renewed traders’ optimism.
Notably, BTC price led the wider altcoin market in a relief rally on Wednesday after President Donald Trump urged banks to compromise on their