Ethereum ($ETH ) Surges Past $4,600: Institutional Inflows Drive Bullish Momentum
Ethereum (ETH) has recently surpassed the $4,600 mark, trading at approximately $4,695.01, marking a significant milestone in its upward trajectory. This surge is attributed to increased institutional investment and favorable macroeconomic conditions.
📈 Key Market Indicators:
Current Price: $4,695.01
24-Hour Change: +9.52%
Market Cap: Approximately $550 billion
24-Hour Volume: Around $64 billion
Analysts are eyeing the $4,750–$4,869 resistance zone, with a potential breakout targeting the $5,000 level in the coming days. This optimistic outlook is bolstered by record ETF inflows and growing institutional interest.
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