ETH Market

Definition ∞ The ETH market refers to the global trading environment for Ether, the native cryptocurrency of the Ethereum blockchain. This market encompasses all activities related to buying, selling, and exchanging ETH across various platforms worldwide. It includes spot trading, derivatives, and decentralized finance (DeFi) protocols. The ETH market is a significant component of the broader digital asset economy, influenced by network upgrades and application development.
Context ∞ News about the ETH market frequently covers price movements, network activity, and the impact of Ethereum’s protocol changes, such as the transition to proof-of-stake. Investor sentiment, regulatory statements, and the growth of decentralized applications built on Ethereum directly influence its market dynamics. The ETH market’s performance is often seen as a key indicator for the health of the altcoin market and the Web3 ecosystem generally.