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Ethereum Soars Over 11% Above $2,530, Institutional Products Attract $55 Million This Year
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The Ethereum (ETH) price has surged over 11% in 2024, continuing a steady growth cycle from December 2023 as it marks a weekly rise in institutional inflows to investment products.
Ethereum trades hands at $2,537 at the time of writing after marking a 5.37% growth in the last seven days and a 14.56% rise in the past month as bulls look set for more gains despite a slight market correction.
Last year, the asset notched a 91% price increase to end the year at $2,294, while its trading volumes and institutional products remained low. Still, an uptick was recorded in the fourth quarter.
3) Ethereum rose 91% in 2023, closing at $2,294
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