Ethereum continues to exceed the list of preferred alternative currencies for investment funds; He does not exceed it in terms of trading sizes except Bitcoin.
The price of Ethereum-Eth increased today by 2.5% to receive $ 2,610, at a time when the Chipto market continues to decrease under the lack of certainty of customs duties. Although he recorded gains at a rate of 6.5% in the last 7 days and 7% compared to its value two weeks ago, etherrum is still one of the prominent currencies which remained a drop of about 15% compared to its value 12 months ago.
However, its price performance recently suggests a positive change in the direction, especially since the data show that the immediate trading of the Ethereum currency on the Stock Exchange (ETH ETF) has witnessed the roses of net investments linked to the last 8 weeks in an indication of the increase in demand, and by including these developments to its strong fundamental pillars, this promise of long -term expectations linked to an Ethereum price.
Ethereum Astentions Price: Institutions have not stopped buying for 8 weeks. Will Wall Street ignite the next increase cycle?
In an article on the X platform, the Glassnode platform account revealed that the investments received in the exchange funds on the FNB ETH stock market this week amounted to more than 61,000 Ethereum currencies (or around $ 159 million).
With the exception of a single week in which investments were recorded in early May, these funds continued to receive additional investments over 10 consecutive weeks since the midst of April.
By examining the recent coinshare reports for investment in investment, we note that Ethereum has constantly exceeded the rest of the alternative currencies.
During the first 7 days of July, ETH ETFS received $ 226.4 million in investments, higher than its closest competitors -solana -sola -sol of approximately 10 times, and the difference in the week which ended on June 30 was much larger, because the value of investments received for ETH ETF amounted to $ 429 million, against only $ 5.3 million in investments.
This suggests that ethereum is still the preferred currency of institutions and senior traders after the bitcoin-btc, which is logical due to its establised status as the first class blockchain network that still feeds the scene in terms of the total value of the seized currencies (TVL) 66.3 Billion, Ie with a share of 56.5% of the value of this sector, without calculating the solutions of the second layer operating on the ethereum blockchain.
You can say that Ethereum always goes through a more sales wave, because the graphic plans of their price today show a good start.
It seems that the price of Ethereum is preparing to penetrate the banner of the flag which began to form since its recording of its highest level in December, while the technical indicators indicate an increase in the impulse of the height, because the relative power index (RSI) – in yellow -Colore – increased by 30 weeks ago to around 60 today, and its trajectory shows the possibility of continuing to increase.
At the same time, the MacD signal line (blue) is about to overcome its counterpart (orange) after continuing to move below most of this year. Assuming that the world trade movement has improved during the remaining summer period, we attended the restoration of the price of Ethereum (Ethereum) is the highest level, which could open the way to reach $ 3,000 at the end of August, and perhaps $ 4,000 in the last quarter of the year.
Commercial robot allocated to merchants: the outcome of the Snator-Snort is greater than $ 1.7 million, with the increase in participation
If Ethereum for some traders seems to be a famous alternative currency, they may prefer to explore new, less known new currencies and have higher opportunities to outdo the rest of the market. This year, we have seen membership of promising alternative currencies-such as the SPX 6900 (SPX6900-SPX), Trump-Tomp and CEI-Sei to a list of 100 highest digital currencies, and this is often driven by a wave of obsession and massive excitation.
We have also witnessed the inclusion of numerous subscription currencies in pioneer trading platforms, among which Snorter is one of the most interesting new projects on the market.
The Snator is characterized by work on the Solana blockchain, which is a new automatic trading robot which offers investors the ability to implement agreements proactively before the market move, and the current snoring part collected more than $ 1.7 million, in an early indication of its ability to benefit from the reputation.
Snorher Robot uses artificial intelligence techniques to study the market all the time looking for new newly launched currencies, and conclude agreements on behalf of users before their launch has reached their platform area for 13,000 subscribers. It will be necessary to have its basic currency (SNORT) to take advantage of its advantages, while its owners can also be mortgaged from their assets and benefit from rewarding rewards.
Finally, those who wish to participate in the snorter subscription can visit the Snorter project website, knowing that it is available at 0.0977 $ currently, and it should gradually increase to its completion, which obliges investors to seize the opportunity immediately before it is too late.
The price of the price of the Ethereum-Ethem price with continued to buy them for a period of 8 consecutive weeks. Will Wall Street ignite the new spark of the emerging market? APPLERDIRST on Arab Cryptonews.