Ether leads the cryptom market higher when Bitcoin investors buy the dip

Ethereums ether (ETH) On Wednesday on Wednesday and led the crypto market higher after a modest break -in at the beginning of this week.

The ETH was released for the first time since the beginning of February to the level of 3,200 US dollars. 6.5%rose in the last 24 hours. 22% has been ahead of them in the past seven days.

Bitcoin

Also declined by 2.6%in the early morning hours of the US session of over 119,000 US dollars. The Coindesk 20 index, a broad benchmark that concentrated on Majors, rose by 4.5%.

BTC investors bought the DIP this week at 116,000 US dollars from Record Highs Hand Over Faust, as the analysis company said Glassnode. According to the company's data, the market participants “entered aggressively” and collected around 196,600 BTC (23 billion US dollars) Between the 116,000 US dollars and 118,000 US dollars.

In the meantime, strong rivers offer to offer a tailwind for ETH from exchanging traded traded funds and continuous offer of companies of crypto financial agents.

Anagram partner David Shuttleworth stated that the US Spot ETF ETFs booked over $ 900 million records over $ 900 million and made up 29% of all inflows this year. With 450 million US dollars with just two days a week, inflows could exceed 1 billion US dollars this week, he added.

Sharplink Gaming (Sbet) This week it became known that there are more than 74,000 ETH with 257 million US (BMNR) Bought over 500 million US dollars of the assets.

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