ETH, also known as Ethereum, witnessed a swift surge in value in the previous week, soaring past the $3.9k mark on May 27. Unfortunately, this upward momentum was short-lived as the bears capitalized on the situation. The approval of the ETH ETF, which was expected to fuel substantial growth for the cryptocurrency, failed to make a significant impact. CoinMarketCap reports a decline of more than 1% in ETH’s value over the past seven days. Presently, the token is being traded at $3,759.66, boasting a market capitalization exceeding $451 billion. Stay updated with the latest technology news by accessing NEWSLINKER.
