Ethereum Rockets Past $4,600 Amid Institutional Inflows: Ethereum (ETH) surged over 8% in the past 24 hours, reaching $4,704.37, fueled by more than $1 billion in inflows from major institutions such as BlackRock, Fidelity, and Grayscale. Polymarket predicts a 65% chance of ETH reaching $5,000 by the end of August, showing strong market optimism. Ethereum’s market cap now stands at $567 billion, surpassing Netflix and Mastercard.

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