Ethereum (ETH) has surged past $2,000 for the first time in four months. According to CoinGecko data, the second-largest digital asset by market cap was trading for $2,030 at the time of writing—an 8% jump in the past 24 hours. ETH hasn’t seen this high since July 13 and has risen by over 60% since January. Big investors have also been paying close attention, with crypto products related to ETH recently receiving their biggest inflows—$17.5 million in a week—since August of last year. The rise in crypto prices is likely linked to the possibility of a spot Bitcoin exchange-traded fund (ETF), which would give investors exposure to crypto via shares that track its price. Other than Bitcoin and Ethereum, meme coin Pepe (PEPE) has seen one of the highest gains, having notched up 23% in value in the past day, while Solana (SOL) continues to rally with a 9% increase in the past day. #cryptocurrency #Ethereum #Bitcoin #BTC #PEPE #SOL
You can read more about this topic here: Decrypt: Ethereum Tops $2,000 for First Time Since July
