by: xpoolPosted on:

Ethereum Soars 11%, Reaches New High after BlackRock Investment

Following a strong rebound, Ethereum’s price soared an impressive 11% last week, surpassing the $1,500 support level and climbing to $1,806. The jump is fueled by institutions like BlackRock adding $54 million of ETH to their holdings, reigniting optimism for a surge toward $2,500 later this quarter. The rebound also allowed ETH to recapture its 50-day moving average for the first time since February.

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