Ethereum Surges Past $2,000 Amid Market Rally
- Ethereum (ETH) surpassed the $2,000 mark for the first time since March.
- The cryptocurrency reached a seven-week high of $2,075.
- ETH previously fell to a two-year low of $1,385 after losing the $2,000 level in March.
- A recent market recovery saw ETH reclaim the $1,600-$1,750 zone over 14 days.
- A trade deal announcement by US President Donald Trump contributed to Ethereum’s price surge.
Ethereum’s price increase was bolstered by a major trade deal announcement, pushing it past crucial resistance levels and marking a significant recovery from its previous lows. As of now, ETH trades at approximately $2,050.
Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-jumps-to-2000-amid-market-surge-analyst-says-this-resistance-is-next/?rand=52377