Ethereum price jumps 3% even as SEC delays Grayscale application to turn ETH Trust into an ETF
Ethereum price noted gains over the past day akin to the rest of the market to recover some of the losses noted the day before.
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Ethereum price noted gains over the past day akin to the rest of the market to recover some of the losses noted the day before.
The U.S. Securities and Exchange Commission (SEC) has communicated a postponement in its decision-making process for the Grayscale Ethereum futures exchange-traded fund (ETF).
Crypto markets which were muted post the inflation update from the U.S. rallied as hopes of an approval for spot ETF products triggered a bullish momentum across crypto sphere.
A more-than-expected decline in consumer price inflation in the U.S. that triggered a relief rally across major markets and asset classes failed to buoy sentiment in the cryptocurrency market.
Bitcoin (BTC) price is showing strength again after a stark correction on Tuesday that bruised the market.