RATE Group | Ethereum saw three bullish fundamental news events last week
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Ethereum saw three bullish fundamental news events last week

19 May Ethereum saw three bullish fundamental news events last week

Posted at 14:22h in Cryptocurrency News by

Ethereum saw three bullish fundamental news events last week

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Despite the over 100 percent rally from the $88 lows of March’s capitulation, Ethereum remains over 85 percent below the all-time high it set at the exact peak of the last cryptocurrency mania.

Ethereum price from TradingView.com.
Ethereum price chart from TradingView.com

Ethereum may soon get some bullish relief, though, with news being released of three fundamental trends that could dramatically boost demand for ETH, thus driving prices higher.

Ryan Sean Adams, the founder of Mythos Capital, identified these trends, which all took place in the span of a week, in the tweet below.

Ethereum see three massive news events in a boost to its bull case

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