ETH Fundamentals and Technicals Are Bullish as Altcoin Rallies

by Aurelia Butler 17 January 2023, 11:00 189 Views

The blockchain intelligence firm, CryptoQuant, tweeted today that there has been a significant increase in the number of smart contracts deployed on the Ethereum (ETH) blockchain over the last 4 months. The tweet added that this “can be considered fundamental good news for Ethereum.”

At press time, the altcoin leader’s price has risen over the last 24 hours according to CoinMarketCap. After a 24-hour gain of 1.59%, ETH’s price now stands at $1,565.66. This latest gain has added to its weekly price performance which currently stands at +17.92%.

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Source: Cryptocurrency - investing.com

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ETH Fundamentals and Technicals Are Bullish as Altcoin Rallies

Chinese GDP, U.S. bank earnings, Eurozone rebound – what’s moving markets

SEC of Thailand issues crypto custody provider rules

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