Ethereum Surges over 6% on ETF Optimism, but Falters by 1.5% – What’s Next for Altcoins?
New York, NY – Following speculation surrounding the approval of an Ethereum exchange-traded fund (ETF), the cryptocurrency saw a notable increase of over 6% after experiencing a brief dip below its 50-day moving average on Friday. Despite this surge, concerns arise as it has since dropped by nearly 1.5% at the start of trading on Monday, casting uncertainty on the short-term performance of alternative coins. Investors have been closely monitoring the potential impact of an …