menu
techminis

A naukri.com initiative

google-web-stories
source image

Blockonomi

1M

read

208

img
dot

Image Credit: Blockonomi

Ethereum (ETH) Price: Jumps from $2,200 to $2,550 Following Trump’s Reserve Announcement

  • Former President Trump confirmed ETH's inclusion in the U.S. Crypto Strategic Reserve, causing a 15% price surge from $2,200 to $2,550 within one hour on March 2, 2025.
  • Derivatives market shows strong bullish sentiment with long positions greatly exceeding shorts, indicating reduced resistance towards $3,000.
  • Ethereum Foundation appointed new co-Executive Directors, boosting investor confidence.
  • Technical analysis suggests a falling wedge breakout pattern, potentially leading to movement toward $4,000. Other major cryptocurrencies also saw double-digit gains.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app