Ethereum ETF Inflows Surge: $500 Million in 4 Days Fuel ETH Price Rally

Quick Summary:

The veteran altcoin, with a market cap of over $401 billion and a daily average trading volume of around $66.

From a technical analysis standpoint, Ethereum’s price has successfully regained the 200 weekly Moving Average (MA) as a support level.

Ethereum’s bullish momentum has significantly surged following the recent U.S.election, which saw the victory of pro-crypto leaders.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Ethereum News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:20:57 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 310 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23546966

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 20 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #112

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