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Ethereum Breaking Out As Crypto Rally Balloons
The rally in Bitcoin is helping drive a broad bull move across the crypto space currently. Second largest traded coin Ethereum is now back up to its highest levels since March 2022, close to testing the 2022 highs. The coin has put in an impressive 57% move higher this year, up more than 240% off the 2022 lows. ETH ETFs Expected Along with the bullish impact of the move higher in Bitcoin, ETH is also being helped by speculation that institutional players will look to pursue spot-ETH ETFs in the same way they did with Bitcoin. Given the deep reservoir of institutional demand waiting to be activated through such a ... (full story)
