#EthereumSurpasses$2700
Cryptocurrency
Ethereum finally breaks out of the month-long range as CFTC moves forward without Congress
Ethereum and major cryptocurrencies rallied after the CFTC advanced its crypto rulemaking framework, boosting optimism around US regulation. Ethereum broke above its month-long range, while potential Iran de-escalation and weaker US data could further ease rate concerns and support crypto markets.
FUNDAMENTAL OVERVIEW
Ethereum and other major cryptocurrencies rallied on Friday after a CFTC crypto rulemaking submission on Thursday became public. The filings were submitted for regulatory review after the CLARITY Act failed to advance in the Senate earlier in the week.
Cryptocurrency
Ethereum finally breaks out of the month-long range as CFTC moves forward without Congress
Ethereum and major cryptocurrencies rallied after the CFTC advanced its crypto rulemaking framework, boosting optimism around US regulation. Ethereum broke above its month-long range, while potential Iran de-escalation and weaker US data could further ease rate concerns and support crypto markets.
FUNDAMENTAL OVERVIEW
Ethereum and other major cryptocurrencies rallied on Friday after a CFTC crypto rulemaking submission on Thursday became public. The filings were submitted for regulatory review after the CLARITY Act failed to advance in the Senate earlier in the week.
