Crypto
Ethereum Price Jumps 1.75% to $2420.77 Amid Strong Momentum
The price of Ethereum (ETH) has surged by 1.75% to $2,420.77, boosted by strong technical momentum and robust ETF inflows.
The ongoing rise is also supported by a recent announcement from the Ethereum Foundation about ecosystem launches, which contributed to bullish sentiment.
Intraday highs have been reached within a $2,370.14, $2,423.61 range, with ETH advancing $28.86 since market open at $2,391.91.
The uptrend persists amid resistance near $2,500 and support seen at $2,365, with institutional demand and supply tightening due to development milestones such as major rollup integrations and protocol advancements.