ETH Holds Strong; Is It the ‘Digital Oil’ Powering the Global Digital Economy?
2025-07-04 04:53:30
Description
Ether (ETH) ETH is trading above $2,540, showing strong resilience in the face of market turbulence fueled by heightened geopolitical risk. After briefly dipping to $2,491.72, ETH recovered swiftly, closing higher on above-average volume and validating key support near $2,500, according to CoinDesk Research's technical analysis model. Technical indicators suggest renewed momentum, supported by a double-bottom formation and heavy intraday buying near $2,530. ETH open interest stood at $35.36 bill...
$ETH
$2553.75
--1.63%
$BTC
$109042.5
--0.46%
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