Ethereum (USD): the last 12 months

Ether is down 26.3% over 1Y and 49.9% below its high; its 90-day change is +27.3%. It gained 32.6% in August with bitcoin and gold in the hard-asset trade, and lost 11.2% over the last month. Status quo for crypto: intact, out of favour.

Status quo card: Ethereum (USD), intact.

Month by month

Computed in code. Change: the calendar-month change (z against its own monthly history). 90-day: the trailing 90-day change at the month-end. Rank: its place among that month's biggest moves. Causes: the surviving monthly causes acting on it (a force's loading on this asset times the month's fitted strength, in standard deviations). ETF holdings use current weights (an approximation).

Month	Change	90-day	Rank	Causes
November 2026 (month to date)	+7.5% (z 0.9)	+27.3%		none of the surviving causes loads on it
October 2026	−16.1% (z -0.9)	+19.6%		none of the surviving causes loads on it
September 2026	+8.8% (z 0.3)	+58.0%		none of the surviving causes loads on it
August 2026	+32.6% (z 1.5)	+32.8%	3	Hard-asset / debasement trade: bitcoin rallied with gold and silver (evidence +32.6%, z 1.5); Hard-asset / debasement trade: ether rallied with bitcoin and gold (explains this move, score 5.2); Hard-asset / debasement trade lifted gold, silver and crypto together (evidence +32.6%, z 1.5)
July 2026	+18.6% (z 0.9)	−19.7%		none of the surviving causes loads on it
June 2026	−21.7% (z -1.2)	−26.7%		none of the surviving causes loads on it
May 2026	−11.2% (z -0.7)	−1.2%		none of the surviving causes loads on it
April 2026	+7.3% (z 0.3)	−16.5%		none of the surviving causes loads on it
March 2026	+7.1% (z 0.2)	−29.1%		none of the surviving causes loads on it
February 2026	−19.8% (z -1.2)	−34.3%		none of the surviving causes loads on it
January 2026	−17.4% (z -1.1)	−37.3%		none of the surviving causes loads on it
December 2025	−0.8% (z -0.2)	−33.9%		none of the surviving causes loads on it
November 2025	−22.2% (z -1.3)	−30.7%		Crypto sold off with the AI trade while gold held (evidence −22.2%, z -1.3)

What drove each month · All assets

Not investment advice. MarketMoves describes past market data and reported news for general information. Figures can be delayed or wrong; check the original source before relying on them.