Ethereum price 20% October rally inspires increased investor confidence, ETH supply on exchanges decreases Ethereum (ETH) price continues to hold above a crucial support level after a significant climb beginning in mid-October.
The second largestcryptocurrencyby market capitalization may have more gusto to move north, based on technical fundamentals, with data indicating a renewed investor confidence for ETH. Binance could lose its top spot as institutions pour $326 million into crypto investment products The world’s largest derivative market is now close to becoming the world’s leading Bitcoin Futures market as well, potentially replacing Binance.
The CME Group is poised to overtake Changpeng Zhao’s company in this regard, given how much institutions are exhibiting interest in Bitcoin at the moment. This Solana-based token has rallied by 101% in a week and could reignite the meme coin rally Solana is making the headlines with Breakpoint at the moment as the month of crypto conferences is upon us. Starting Monday, the developer meetup is expected to generate some significant bullishness for SOL as well as the entire ecosystem.
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