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Ethereum (ETH) Price: Institutional Money Flows In as Retail Traders Hesitate—What the Numbers Reveal
Ethereum continues to trade within a compressed range, caught between lackluster momentum and a significant resistance barrier near $1,826. While the asset has gained approximately 10% in the past seven days, it has failed to sustain levels that would validate a more meaningful bullish reversal. According to data from SosoValue, spot Ethereum ETFs attracted $70.48 million in net inflows on July 8. This marks the fifth consecutive session of positive flows into Ethereum-focused investment products. Meanwhile, Bitcoin ETFs painted a contrasting picture during the same trading session, shedding $84.86 million in ... (full story)
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From fxleaders.com | 8 hr ago
Over this week, Ethereum fell to $1,696 (ETH/USD) and jumped to $1,822 as volatility caused significant shifts back and forth. The coin was impacted by rising fear over the broken ceasefire in the Middle East as well as by strong economic growth indicators from the recent jobs report and stock market rallies. Binance data showed that close to 100,000 ...