34109377331

Today, the price of Ethereum (ETH) continues to show some slight gains, as it is currently trading at around $2,630, up 1.12% over the past 24 hours. This improvement comes in conjunction with market developments such as the expected speech by US Federal Reserve Chairman Jerome Powell on the economy in the coming days, which is expected to have a significant impact on prices.

Also, the coin has seen an increase in institutional interest, with news of MicroStrategy buying a large number of Bitcoins, indicating a growing confidence in digital assets in general.

On the other hand, legal issues related to Ethereum have been addressed after a Texas judge dismissed a lawsuit against ConsenSys, bringing an end to the SEC’s investigation into Ethereum, which is considered positive news for the market.

It is advisable to monitor upcoming economic events such as inflation indicators and US Federal Reserve guidance that may affect the upcoming price movements of Ethereum and other cryptocurrencies.