Ethereum has taken a major leap, surpassing Bank of America (BoA) as the altcoins valuation soars to $327 billion earlier today, with ETH price hitting $2,725 levels for the first time since February. Additionally, inflows into spot Ether ETFs have surged above $100 million, suggesting a strong inflow of institutional money. All eyes are on ETH price regaining $3,000 and moving to its fresh all-time high. Ethereum Rally To Continue Ahead? Over the last 15 days, Ethereum has added a massive $100 billion to its market cap in a quick recovery from the lows of $1,800 to $2,700. In this journey, the altcoin has overtaken top giants like Nestle, Alibaba, Coca-Cola, and now BoA. Source: Companies MarketCap Popular crypto analyst Ali Martinez noted that with this upside, ETH has built “a solid support floor at $2,370, with no significant resistance walls ahead!” According to crypto analyst Kyledoops, Ethereum price has... Read More at Coingape.comThe post Ethereum Overtakes Bank of America, Spot Ether ETF Inflows Shoot Over $100M appeared first on CoinGape.
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