Ethereum Taps $2,600 For First Time In 7 Months: What Is Happening?
Ethereum (CRYPTO: ETH) on Friday tapped $2,600 for the first time in seven months after core CPI hit its lowest level in over five years. What Drove the Move Widely-followed market commentator Bull Theory posted
Ethereum's price went up to $2,600 because inflation numbers came in lower than expected, which makes people feel better about the economy. When people feel hopeful about money and prices, they often want to invest in things like crypto.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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