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Ethereum Jumps Above $2,500 as Spot ETF Inflows Rebound and Shorts Liquidate

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The Story

News Summary

  • Cryptocurrencies surged following dovish remarks from Fed officials and substantial institutional inflows.
  • U.S.
  • Ethereum spot ETFs reversed course with $141 million in net inflows on Thursday, while over $480 million in market-wide short liquidations helped drive Ethereum up more than 5% toward $2,525.
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ETHUSD price history

2479.16 +22.32% over the displayed period

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