Ethereum surges 5.61% to $2,641 on June 16: largest crypto mover today

Ethereum's price rally to $2,641.19 on June 16 highlights renewed institutional confidence, backed by $2 billion inflows over nine weeks. Alongside Solana and XRP gains, this signals a strong risk-on sentiment in global crypto markets.

Sources:
Marketwatch+1
Updated 5h ago
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Sources: MarketwatchCoinDesk
Ethereum led the cryptocurrency market on June 16, surging 5.61% to $2,641.19, the largest mover among major digital assets during U.S. morning trading.

Despite ongoing geopolitical tensions in the Middle East, Ether maintained strength above the $2,600 mark, reflecting resilience in the crypto market.

"Ether rose above $2,600 Monday as crypto joined broader market gains, shrugging off war risks while fund inflows and institutional interest remained strong," according to market reports.

Institutional interest in Ethereum remains robust, with digital asset funds focused on ETH attracting $583 million last week alone — the largest weekly inflow since February. This brings the total inflows over the past nine weeks to $2 billion, highlighting sustained confidence among investors.

Ethereum's intraday high reached $2,636.76 before settling near $2,614 during early U.S. trading sessions.

Other major cryptocurrencies also saw gains, with Solana increasing 5.22% to $156.58 and XRP rising 5.21% to $2.26, but none matched Ethereum's performance.

The surge underscores Ethereum's position as a leading digital asset, buoyed by strong fund inflows and institutional backing despite external market uncertainties.
Sources: MarketwatchCoinDesk
Ethereum surged 5.61% to $2,641.19 on June 16, leading gains among major cryptocurrencies amid strong institutional interest and fund inflows. Ether held above $2,600 despite geopolitical tensions, with digital asset funds focused on ETH attracting $583 million last week, the largest weekly inflow since February.
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The Headline

Ethereum surges 5.61% to $2,641, top crypto mover

Key Facts
  • Ethereum (ETH) rose 3.71% to $2,614 over the past 24 hours, breaking above $2,600 as global markets turned risk-on, shrugging off war risks.CoinDesk1
  • ETH hit an intraday high of $2,636.76 before settling around $2,614 during early U.S. trading.CoinDesk1
  • On June 16, 2025, Ethereum climbed 5.61% to $2,641.19, marking the largest change among major cryptocurrencies.Marketwatch
  • Solana increased 5.22% to $156.58, while XRP rose 5.21% to $2.26 during the same trading session.Marketwatch
Ether rose above $2,600 Monday as crypto joined broader market gains, shrugging off war risks while fund inflows and institutional interest remained strong.
CoinDesk
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All large cryptocurrencies were up during U.S. morning trading on Monday, with Ethereum seeing the biggest change, climbing 5.61% to $2,641.19.
Marketwatch
Marketwatch
Key Stats at a Glance
Ethereum price on June 16
$2,641.19
Marketwatch
Ethereum percentage gain on June 16
5.61%
Marketwatch
Ethereum intraday high price
$2,636.76
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Ethereum settling price
$2,614
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Section 2 background
Background Context

Strong Ethereum fund inflows highlight institutional interest

Key Facts
  • Ethereum fund inflows hit a nine-week total of $2 billion, indicating strong institutional interest in the digital asset.CoinDesk1
  • Digital asset funds focused on Ethereum attracted $583 million last week, marking the largest weekly inflow since February.CoinDesk1
Key Stats at a Glance
Ethereum weekly fund inflow
$583M
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