Ethereum Price Stalls at $2,418 Amidst Bitcoin ETF Inflows
Ethereum's price has stalled at $2,418 as investors await further developments in the cryptocurrency market.
The current stagnation comes on the heels of a significant influx of capital into Bitcoin ETFs, which saw a massive $1.21 billion in weekly inflows.
This surge in investment is likely to have some bearing on Ethereum's price, as investors may be shifting their focus from altcoins like Ether to the more established asset class that is Bitcoin.