Ethereum Jumps 6% as Institutional Demand Rises
The second-largest cryptocurrency by market cap, Ethereum (ETH), outperformed the broader digital asset market with a strong 6% daily surge, trading close to $1,900. According to analysts, this impressive growth was primarily fueled by a return of institutional demand flowing into spot Ethereum ETFs. The positive macro outlook and declining inflation fear have encouraged institutional players to heavily accumulate the asset.
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