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Crypto Market News

07/27 01:32

Ethereum Price Up 75%: What’s Fueling the Rally?

Ethereum Price Up 75%: What’s Fueling the Rally?

Ethereum is trading at $3,740 with a daily trading volume of $32.74 billion. Since June last year, Ethereum has seen impressive gains, reaching nearly 75% to date.

This comes as institutional interest in the Ethereum cryptocurrency reached a major milestone in July this year. The main impetus came from rapidly growing ETF inflows and whale accumulation, which is fueling optimism for a larger rally in Ethereum’s price.1753541626864.png

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