Ethereum

<ul><li>Ethereum price surges above $3,650 on ETF approval speculation, up 17.43% in 24 hours, driven by massive buy volumes.</li><li>Binance&#39;s net taker volume hits record high with $530 million more in buy orders than sell orders, signaling optimism.</li><li>Technical indicators suggest potential short-term pullback despite ongoing bullish momentum for Ethereum.</li></ul>Ethereum and the entire altcoin market have seen explosive growth following Bloomberg&#39;s latest assessment that the probability of an <a href="https://cryptotale.org/will-there-be-a-spot-ethereum-etf-scrutinizing-its-possibilities/" rel="noopener noreferrer nofollow">Ethereum ETF</a> approval has surged to 75%, up from the previous 25%. As highlighted by <a href="https://x.com/santimentfeed/status/1792683789145317770" rel="noopener noreferrer nofollow">Santiment</a>, a top analytic firm, this news has driven Ethereum&#39;s price above $3,650 for the first time since April 9, with the cryptocurrency now trading at <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">$3,662.01</a>. Over the past 24 hours, Ethereum&#39;s price has increased by 17.43%, with a trading volume reaching $37.1 billion.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1813e746f5ca4745b72f56d38eb8e854.png" />As further noted by <a href="https://x.com/cryptoquant_com/status/1792684793521742330" rel="noopener noreferrer nofollow">Cryptoquant</a>,  an on-chain analytic firm, Ethereum&#39;s net taker volume on Binance has reached an all-time high. Net taker volume measures the difference between buying and selling volumes facilitated by market orders, which prioritize positioning over price. In the wake of the ETF specialist’s announcement, Binance traders executed substantial long positions on Ethereum.<a href="https://cryptotale.org/ethereum-etf-approval-odds-surge-to-75-whats-next-for-eth/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ethereum Soars Past $3,650 as ETF Approval Odds Surge to 75%

CryptoTale

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