spot market

Ethereum Soars to New Heights, Fueled by Spot Market Activity

Ethereum Soars to New Heights, Fueled by Spot Market Activity

Ethereum soared alongside bitcoin, posting its biggest single-day percentage gain since May 2021. Ethereum surged close to 30% in a stunning Ethereum price rally. This increase was primarily driven by crypto-native investors deeply participating in the spot market. The recent surge was met with highly intense selling pressure at the...