Whale accumulation and Trump’s crypto reserve announcement are the positive factors pushing ETH prices up today.
Ether (ETH) jumped 7% in 24 hours to around $2,350 on March 3, briefly topping $2,550 before profit-taking. Despite the rebound, it remains up 13% from its $2,075 low last week.
ETH/USD four-hour price chart. Source: TradingView
Multiple catalysts are helping Ether rebound from its recent lows, namely:
Paulo Fonseca is facing a lengthy ban for his actions on Sunday
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