Ethereum Price Forecast Today: ETH Eyes $2,700 as BTCS Inc Announces $57.8M Funding 📈
Ethereum's price witnessed a 3% dip, settling at $2,520 on Friday, yet it remains in a bullish territory. This resilience is attributed to strong institutional accumulation signals that are bolstering key support levels for Ethereum (ETH).
BTCS Inc. has successfully arranged financing, amounting to $57.8 million, to bolster its Ethereum reserves. Despite a tame altcoin market trend observed on Thursday, Ethereum found substantial support.
Other cryptocurrencies like Cardano (ADA) and Solana (SOL) also showed varied performance during this time, influencing the overall market sentiment.
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