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Ether’s Price Rally Above $3.2K Appears Spot-Driven, Boding Well for Further Gains

Ether’s Price Rally Above $3.2K Appears Spot-Driven, Boding Well for Further Gains



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  1. tldr; Ether broke above $3,000 for the first time ever on Monday, taking the year-to-date gain to over 330%. Ether’s spot-driven rally is “mainly due to excitement around the impending EIP 1559 upgrade,” one market expert said. ETH is expected to continue its rally toward $5,000 in the near future.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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