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Crypto

Ethereum Jumps 27% Amid Institutional Demand and BitMine's Big Buy

Guavy AI Editorial Team
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Ethereum, the second-largest cryptocurrency by market capitalization, has seen significant price appreciation in recent times. According to data, its value has jumped 27% over the past month due to increased institutional demand.

BitMine, a prominent holder of Ethereum, has added 9,946 ETH to its holdings, bringing its total to 5.79 million ETH. This development has further fueled the price increase, with traders now waiting to see if Ethereum can break through the $1,980 mark.

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