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Crypto

Ethereum Price Skyrockets to $2,548 Amid ETF Inflows and Golden Cross Pattern

Guavy AI Editorial Team
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ETH
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The price of Ethereum has surged to $2,548, its highest level in months.

This rebound is largely attributed to ongoing ETF inflows and the formation of a golden cross pattern on technical charts.

The spot ETH ETFs have added $697 million this week, with investors buying into alternative assets amidst a risk-on sentiment.

The Relative Strength Index (RSI) has continued rising, indicating that Ethereum is gaining momentum.

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