ETHUSD and ETHBTC surge to new highs The ETHUSD pair saw a significant surge in price this week, breaking through the $3500 resistance level and reaching a new all-time high of $3700. This bullish momentum was also reflected in the ETHBTC pair, which saw a sharp increase from 0.07 BTC to 0.085 BTC within the same time frame. This strong surge in both pairs indicates a broad bullish sentiment towards Ethereum, as it continues to outperform other major cryptocurrencies. Ethereum ETF approval fuels price rally One of the key factors driving the recent surge in Ethereum's price is the anticipation of a potential Ethereum ETF approval. The US Securities and Exchange Commission (SEC) has been reviewing multiple applications for an ETH ETF, and the recent approval of a Bitcoin futures ETF has increased hopes for an Ethereum one as well. This news has been met with excitement from the crypto community, as it could potentially open up Ethereum to a wider range of investors and inc...
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