Ethereum Surges Past $2,500 Amidst Record ETF Inflows
Yesterday, U.S. spot ETFs saw nearly $900 million in net inflows, driving up prices of top cryptocurrencies.
The influx of funds pushed Bitcoin above $80,000 and Ethereum above $2,500, leading to short squeezes in the leveraged market.
Ethereum's price has also formed a bullish flag and golden cross, indicating potential further gains.