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Ethereum's July Surge Fades as Price Struggles Below $1900

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Ethereum's price surged 20.3% in July, its strongest monthly gain in a year and a rebound from June's losses.

The recovery was driven by strong demand for Ethereum Spot ETFs, which saw net inflows and asset growth.

However, despite this momentum, Ethereum remains below $1,900 with weak buying power and reduced trading activity, making it uncertain whether it can break above $2,000.

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