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Will ETH ETF Inflow Revival Spark Ethereum Price Bull Run in August? Coingape 31 Jul 2024

Will ETH ETF Inflow Revival Spark Ethereum Price Bull Run in August? 📈

Ethereum's price is experiencing tension ahead of the Federal Open Market Committee (FOMC) meeting. The Federal Reserve is expected to keep interest rates steady between 5.25% and 5.5%, echoing recent dovish comments from Chair Jerome Powell. Despite this, traders should anticipate some level of market volatility. Ethereum aims to uphold its support level at $3,300, while Bitcoin appears stable.

Source: coingape.com ↗

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