Ethereum Price Jumps Back Above $3,000 After Fusaka Upgrade – Is a Bigger ETH Rally Coming in December 2025?
Published: December 3, 2025 Ethereum has reclaimed the psychologically important $3,000 level just as its much‑anticipated Fusaka network upgrade goes live — and analysts are suddenly divided on whether ETH’s next big move is up toward $5,000–$7,000 or down toward $2,400. As of Wednesday evening (UTC), Ethereum is trading around $3,050–$3,150 on major exchanges, up roughly 4–9% over the last 24 hours depending on venue. Coinbase quotes $3,124 with a market cap near $378 billion, making ETH the second‑largest cryptocurrency with about 12% market dominance.Coinbase Macro data provider YCharts puts today’s benchmark daily level near $2,996, up about 7% from yesterday but still down almost 18% versus a year ago, underscoring how deep the