Ethereum has taken a major leap, surpassing Bank of America (BoA) as the altcoins valuation soars to $327 billion earlier today, with ETH price hitting $2,725 levels for the first time since February. Additionally, inflows into spot Ether ETFs have surged above $100 million, suggesting a strong inflow of institutional money. All eyes are on ETH price regaining $3,000 and moving to its fresh all-time high. Ethereum Rally To Continue Ahead? Over the last 15 days, Ethereum has added a massive $100 billion to its market cap in a quick recovery from the lows of $1,800 to $2,700. In this journey, the altcoin has overtaken top giants like Nestle, Alibaba, Coca-Cola, and now BoA. Source: Companies MarketCap Popular crypto analyst Ali Martinez noted that with this upside, ETH has built “a solid support floor at $2,370, with no significant resistance walls ahead!” According to crypto analyst Kyledoops, Ethereum price has… Read More at Coingape.com

The post Ethereum Overtakes Bank of America, Spot Ether ETF Inflows Shoot Over $100M appeared first on CoinGape.

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