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Crypto

Ethereum Price Nudges Higher Amid Renewed Market Sentiment

Guavy AI Editorial Team
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ETH
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Ethereum's price rose above $2,400 on Thursday as investors returned to the market following renewed tensions between the US and Iran.

The uptick in Ethereum's price is supported by positive market sentiment, reflected in the Fear & Greed Index, which sits at 65 in the Greed territory.

Despite $48 million in outflows from US-listed Ethereum spot ETFs on Wednesday, cumulative inflows remain positive at $13 billion, with net assets under management averaging $15 billion.

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