Coinspeaker
Ether Back Above $3K amid Approaching Spot ETH ETF Approval
Ether (ETH), the native token of Ethereum, the top blockchain by total value locked (TVL), reclaimed the $3,000 price level after losing it a few hours ago. The price level is an important region, and it is imperative for the digital asset to retain price action here before another bullish move.
The price of ETH at the time of writing stands at $3,060, up 1.74% in the past 24 hours. Further, the market capitalization of the digital asset is $367 billion, while the trading volume is up 55.42% and stands at $16.54 billion. ETH dropped as low as $2,830 and rebounded as buyers took charge.
The daily high for ETH stands at $3,073, and the digital asset is awaiting a breakout above the $3,100 price region. Notably, the fall of Bitcoin (BTC), the world’s largest digital asset, below the $60,000 price level led to ETH falling 11.94% in the past week and 17.13% in the last month. However, the cryptocurrency h
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