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Crypto Token Ether (ETH) Rallies on Claim About SEC’s Ethereum Probe Crypto Token Ether (ETH) Rallies on Claim About SEC’s Ethereum Probe

Crypto Token Ether (ETH) Rallies on Claim About SEC’s Ethereum Probe

The Ether token posted its best climb this week amid speculation that US regulatory scrutiny of the blockchain ecosystem underlying the second-largest digital asset may be easing.

The token rose as much as 3.6% on Wednesday before paring some of the advance to change hands at $3,562 as of 12:53 p.m. in Singapore. The rally was a modest tailwind for market-leader Bitcoin and a range of smaller rivals.

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Sunil Jagtiani

https://www.bloomberg.com/news/articles/2024-06-19/crypto-token-ether-eth-rallies-on-claim-about-sec-s-ethereum-probe

2024-06-18 07:00:00

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