Saran Nair

Markets

The 3 Factors Fueling Ether’s 2020 Rally

Several factors could explain ether’s spectacular gains and determine whether they will continue.

By Omkar GodboleFeb 26, 2020

Ether prices, Jan. 1, 2020 to Feb. 26, 2020.
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Latest Crypto News

Today
6:57 AM
Negative
BTC0.00%
Bitcoin and ether ETFs see outflows ahead of Christmas, led by IBIT and ETHE
The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.
6:46 AM
Neutral
XRP ETF net assets cross $1.25 billion milestone, but price-action muted
XRP remains in a $1.85–$1.91 range, with strong selling near $1.90 and consistent bids near $1.86, suggesting a potential decisive break ahead.
4:48 AM
Neutral
Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move
Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

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