Ethereum Price Poised for Rebound as Institutional Interest Hits Record High
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The cryptocurrency market saw a sluggish trend over the weekend, with leading digital assets Bitcoin and Ethereum showing neutral candle formations on the daily chart, indicating no clear dominance between buyers and sellers. However, Ethereum is poised for a potential rebound due to the recently launched U.S.-listed Exchange-Traded Funds (ETFs). Institutional interest in Ethereum has hit a record high, potentially boosting its price at the 200-day moving average level.
Fonte: coingape.com ↗
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