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Ethereum Surges 5 Percent Will Rally Sustain

Ethereum Regains Momentum with 5% Surge

  • Ethereum’s price has surpassed $3,200, increasing by over 5% in the past day.
  • The asset’s market capitalization and daily trading volume have risen.
  • The gap between Ethereum’s current price and its all-time high is now just 33%.
  • Active Ethereum addresses have increased by 37%, reaching 670,000 recently.

Ethereum has shown resilience by surpassing the $3,200 mark despite hawkish signals from the Federal Reserve. This recent surge narrowed the gap to its all-time high to just 33%, while active addresses rose significantly to 670,000, indicating increased network activity and interest.

Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-price-spikes-5-in-a-day-will-the-rally-continue/?rand=52377
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