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Ethereum’s price today, November 23, 2025, is trading back above the key $2,800 level after a bruising month that saw ETH tumble from near $3,900 to the low $2,600s. Around midday UTC, Ethereum (ETH) changed hands near $2,815, up roughly 1.5–4% in the last 24 hours, depending on the data source. Twelve Data+1 The rebound comes as traders focus on Ethereum’s upcoming Fusaka and Prague upgrades, stabilizing ETF flows, aggressive institutional dip-buying, new Ether-backed loans from Coinbase, and a broader shift back toward risk assets on rising expectations of a U.S. Federal Reserve rate cut. 99Bitcoins+3MarketForces Africa+3Brave New Coin+3 Ethereum