CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out
Crypto News

CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out

Ether, the second-largest cryptocurrency by market value, rose nearly 2% to $2,920, having jumped 13% last week, the biggest gain in six weeks. Traders talking to CoinDesk said Ethereum’s impending proof-of-work and proof-of-stake mechanism would have bullish implications for the programmable blockchain’s native token, ether.

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