Ethereum ETF Approval Fails to Boost Ether's Price Amid Inflation Concerns
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#b4428178 ver:0.4

The approval of spot Ethereum ETFs by the SEC fails to boost Ether's price amid inflation concerns. While Bitcoin remains stable, altcoins like XRP and DOGE see muted price moves. Traders are pricing out bets on a rate cut, and the focus is on the PCE price index data. Despite the ETF approval, Ether struggles to make new highs, possibly due to persistent inflation fears. Crypto mania may not happen until the US dollar weakens. Bitcoin is down 2.9%, and Ethereum slumps 2.3%. #Ethereum #ETF #inflation #Bitcoin...

#newstr #Ethereum #Ether #Etfs #Sec #Inflation #InterestRates #GlobalMacroForces 

 https://here.news/story/b4428178?ver=0.4