Ethereum Price Surges by 2.62%, Reaches New High of 4,611 USDT

Ethereum (ETH) experienced a significant price surge on October 5th, 2025, reaching a new high of $4,611.47998 USDT. The coin saw a notable 2.62% increase in value over the past 24 hours, according to Binance Market Data. This positive movement is attributed to expanding decentralized finance (DeFi) applications and increased investment from institutional investors.