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Ether Blows Past $3K, Builds Bullish Momentum After Trump’s Election Win and Fed Rate Cut

Home Press Releases Crypto News Coindesk Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut

ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CoinDesk data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion.

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Author: Omkar Godbole

Coindesk

Coindesk

  • PreviousEthereum Reclaims $3,000 With ‘Surprising Upturn in Bullish Sentiment’ Amid Bitcoin’s Record Highs

  • NextThese Are the Top 10 RWA Cryptocurrencies by Development Activity in the Past Month

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