Ethereum Price Sees Fresh Boost Amid ETF Interest and Supply Squeeze

Ethereum's price has been steadily rising on August 10, reaching $1,926.11 USD as buyers push to break above the closely watched $2,000 level.

The token has gained around 3.2% over the past seven days and remains up about 6.85% over the past month, according to market data.

Ethereum's recent recovery is attributed to several factors: improving institutional demand, a supply squeeze due to falling exchange reserves, and stronger overall crypto sentiment.