While pulling back a little on Tuesday after nearly touching $4,000 on Monday, the Ethereum (ETH) price looks likely to continue trending to the upside, as the crypto continues to benefit from tailwinds relating to last week’s SEC approval of Ethereum ETFs.
The Ethereum price was last around $3,850, down around 1% on Tuesday. Crypto markets took a modest knock on jitters regarding some Bitcoin wallet movements relating to Mt Gox.
But things for Ethereum continue to look good. Last week’s Ethereum ETF approval from the SEC was a historic moment for the crypto.
The SEC officially approved the Ethereum ETF pic.twitter.com/p2edJ0mNoJ
— Vet
Read more on cryptonews.com