Ethereum's price has risen to around $2,479, a gain of 1.3% in the last day, and its market cap is now at $302 billion, solidifying its position as the second-largest cryptocurrency.
The altcoin has gained nearly 30% against Bitcoin this month, indicating strong bullish momentum.
As Ethereum's price tests resistance near $2,500, a move above $2,550 could trigger a significant upward trend.
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