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Daily Market Analysis By FXOpen
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[QUOTE="FXOpen Trader, post: 336157, member: 104606"] [B][SIZE=5]Ethereum Price Exceeds $2,800[/SIZE][/B] [img]https://i.imgur.com/ayeS3WH.jpeg[/img] The last time the ETH/USD price was at this level was in May 2022, which was the start of a massive drop of more than 65% in 1.5 months. However, now the ETH/USD market is dominated by bullish sentiment, for the following reasons: → deployment of the Dencun update on the Ethereum network this month, which will open up new opportunities for users and developers; → expectations that this year, following the approval of Bitcoin ETFs, applications for the launch of ETFs on Ethereum will be approved; → waiting for a traditional bull market after halving in the Bitcoin network. [img]https://i.imgur.com/4CPLNIk.png[/img] [B][URL="https://fxopen.com/blog/en/oa-ethereum-price-exceeds-2-800/?utm_source=tptforum&utm_medium=analysis&utm_campaign=resolve"]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/URL][/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. [/I] [/QUOTE]
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