Ethereum breaks the $4,400 barrier and ignites a new race towards $4,500
. - The Ethereum currency jumped to $4,400 for the first time in a while, amid strong inflows into cryptocurrency exchange-traded funds (ETFs)
and a noticeable increase in whale purchases, which boosted expectations for a new bullish surge.
According to SoSoValue data, Ethereum
spot funds attracted net inflows exceeding $80 million over three
consecutive days, while spot trading volume rose to $7.17 billion, and futures to $97.3 billion, with open interest climbing to $59 billion.