The post Why is the Ethereum (ETH) Price up Today? appeared first on Coinpedia Fintech News
Ethereum (ETH) surged to a two-month high of $3,700, rising over 18% on May 20, fueled by speculation about a spot Ethereum ETF approval. Bloomberg analyst Eric Balchunas increased the approval odds from 25% to 75%, citing political pressure on the U.S. SEC and the SEC’s previously limited engagement with ETF applicants. So do we …