Ethereum takes up the USD $ 2,800 while ETF records greater entry into months

The main digital currency resumed the USD $ 2,800 brand since yesterday, this in the midst of a renewed interest seen between investors and the good performance of the ETFs based on Ethereum in cash in the US.

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• Ethereum He resumed the USD $ 2,800 per unit.
• However, hours before the USD $ 2,870 passed.
• The ETF Ethereum They had a very good day yesterday, with tickets for USD $ 194.93 million.
• Possible agreement between the US and China relieves tensions in the market.

While community looks are usually on the price of Bitcoin, one of the digital currencies that has had a remarkable rebound in the last hours is Ethereum, since yesterday the brand of USD $ 2,800 per unit exceeded again, staying over said barrier and with the possibility of being aimed at higher values ​​if the current market conditions are maintained.

Price of Ethereum About USD $ 2,800

According to information published in our section Cryptocurrencies, At the time of editing, The digital currency is quoted in USD $ 2,812 per unit, a figure that represents an increase of 2.5% in the last 24 hours, This amid a renewed interest in digital currency between institutional investors.

However, although the current price is quite remarkable, the digital currency reached its highest point of the day at 11:40 am (New York Time), when it marked the USD $ 2,873 per unit. Subsequently, it shows a certain bearish trend in the following hours, so that the price reaches the previously indicated values.

The evolution in the price of Ethereum It was supported by a volume of operations that exceeds USD $ 33,154 million in the last 24 hours. This figure is 2% below the values ​​seen yesterday at this time, but still reflect a strong commercial interest through the main exchanges.

ETFs have their best performance in weeks

In addition to the aforementioned data, the behavior seen among the funds quoted in the US Stock Exchange also stands out.

According to data published by Sosovalue, The ETF Ethereum in cash in the US, capitalized yesterday tickets for USD $ 194.93 million, being the Etha of Blackrock The product with the highest income, estimated at $ 80.59 million.

In second place we have the Fidelity Feth With USD $ 26.32 million, followed by the funds BYTWISE ETHW ETH ETH and ETHWwhich contributed USD $ 9.67 million and USD $ 8.35 million, respectively.

Meanwhile, the rest of the operating funds in the US stock market showed neutral results that did not affect the general balance of the day.

Relief of tensions and expectations

Finally, the results seen both in the ETFs and in the price of Ethereum They are also related to the current economic situation, especially within the framework of commercial tensions between the US and China at the rate of the new tariff measures under discussion.

Recently published reports indicate that possibly Chinese and American authorities reached an tentative agreement on applicable tariffs. In this regard, the US president, Donald Trump, indicated that the measure would be 55% for products from China, while the Asian giant would apply 10% on those who come from the US. UU.

To the latter is added the publication of the consumer price index (CPI) In the US corresponding to the last month, which points out that inflationary indices rose less than expected in May, with a general rate that increased 2.4% year after year.

And finally, part of the expectations focused on Ethereum They are associated with requests related to ETFs based on the currency before the Bag and Securities Commission (SEC)since several administrators want to enable standking systems (guarantee funds) with the assets invested, which is expected to generate additional profits for investment.

Angel Di Matteo / article Diariobitcoin

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