#ETHBreaks3k
Ethereum breaks out: Golden cross and $3k push signal a run toward $4k.
Ethereum gained momentum this week, crossing a key resistance level as exchange-traded fund inflows surged and exchange supply decreased.
Ethereum jumped to a multi-month high of $3,037 this week, up by over 120% from its lowest point this year. This surge increased its market capitalization to $356 billion, solidifying its position as the second-largest cryptocurrency.
Ethereum ETFs maintained their strong momentum this week, with inflows crossing the $5 billion metric. They added over $907 million in assets this week, much higher than the previous week’s $219 million.
The weekly inflow jump was the highest since their approval in September last year, a sign that demand from American investors is rising. These ETFs have added assets for nine consecutive weeks. #USCryptoWeek #ShariaEarn #Write2Earn #ArbitrageTradingStrategy $ETH