Ethereum and the other major cryptocurrencies rose on Friday, March 17, as global stock markets stabilized.
The daily change in ETH/USD was +4.1%, and the price of the cryptocurrency is currently $1,729.88.
Over the last seven days, Ethereum has gained 17%. As of now, ETH has a market capitalization of $208,132,712,434.
Some experts argue that cryptocurrencies increased in value this week as a result of bank failures that shook global stock markets.