ETH/BTC Price Analysis: Why ETH Price Can’t Break $3,500 Despite $1.1B ETF Volume

Quick Summary:

ETH price remained stagnant as the spot Ethereum ETFs began trading yesterday at 9:30 a.m.NJT.

The total ETF traded volume surpassed $1.1 billion by the close of business yesterday, meeting speculation from ETF analysts.

Meanwhile, Bitcoin price hovers around $65,800 just a day before the start of the Bitcoin conference 2024.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: ETH price ETH Price Analysis Price Analysis Ethereum Price Analsysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 07:26:30 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 58 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21760482

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Main Topics: Crypto

Official Website: coingape.com

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