Ethereum Price News: ETH Rises Past $3K Ahead of Fusaka Update – Can It Hold?
From fxempire.com
First up, the U.S. government shutdown ended, and a flood of exchange-traded funds (ETFs) has received the nod from the U.S. Securities and Exchange Commission (SEC) since then. Moreover, the head of the New York Federal Reserve said that a rate cut in December was still possible. Paired with a strong jobs report, his comments resonated with investors and caused ETH to pull on the brakes at $2,700. Fusaka Upgrade Is Scheduled to be Implemented on December 3: Breaking past the $3,000 barrier is important from a psychological standpoint and could lure back traders at a point when open interest (OI) in the futures ...
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