BREAKING
219d 14h ago

Ethereum Poised for Growth as U.S. Crypto-Friendly Policies and GENIUS Act Boost Adoption

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On July 5th, Grayscale highlighted the potential positive impact of evolving U.S. regulatory frameworks on Ethereum. The introduction of legislation like the GENIUS Act aims to establish clearer guidelines for stablecoin regulation, fostering increased investor confidence and facilitating broader adoption of blockchain technologies. This regulatory clarity is anticipated to enhance the utility and integration of smart contracts within the financial ecosystem. Coupled with Ethereum’s robust development pipeline and strategic scaling initiatives, the platform is strategically positioned to capitalize on these regulatory advancements, potentially driving sustained growth and innovation in the decentralized finance sector.

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