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Ethereum Price Rallies 30% During ‘Crypto Week’ as ETH Eyes $4K
Ether (ETH) price rallied toward $4,000 at the week-open on Monday, a level not seen since December 2024, fuelled by hopes of increasing crypto regulatory clarity and persistent spot Ethereum exchange-traded fund (ETF) inflows. The largest altcoin by market capitalization is up more than 30% in the last seven days and 56% month-to-date, to hit a 7-month high at $3,825 on Bitstamp on July 21. Its trading volume has jumped 66% to $8 billion over the last 24 hours, reinforcing the intensity of the demand side activity. Ethereum's performance comes on the heels of a busy “Crypto Week” in the US and is backed by ... (full story)
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