simply
- The US dollar is weak and the harder expectations for short -term federal reserve banks support risk assets.
- Along with the recent US guidelines for liquid staying and stay -bleeds, guidelines for opening retirement plans and preventing encryption and digestion reduce regulatory protrusions.
- ETF sponsors and corporate financial growth continue to add demand, and coins are migrated to the exchange.
Ether Lee has reached the highest level since $ 4,300 on Saturday, to the highest level since late 2021, and investors reached the highest level as they responded to weak dollars, institutional benefits, and steady shortcomings to exchange supply.
As the US dollar weakened in September and expectations for federal reserve rates increased, risk appetite increased in asset classes.
Crypto Markets followed the lawsuit with Ether Lee, who surpassed Bitcoin as a sign of rotation and increased accumulation by the Treasury and ETF sponsors.
Ether Lee is trading at $ 4,244, up more than 43% this month, and the highest since December 9, 2021.
The US Securities and Exchange Commission added to Momentum last week It became clear This liquid staying service does not configure securities, and what can we remove the major regulatory overhangs of Ether Leeum?
The shift enhances institutional participation in ETH products and strengthens the appeal of assets with long -term holding, analysts said.
The regulators also signed a wider softening in the policy.
Specific stablecoins with guaranteed repayment conditions are now Cash According to the updated accounting guidelines.
At the same time, the new White House guidelines approved encryption assignments in the 401 (K) retirement plan, and the bank banned the rejection of the service at the danger of reputation.
Jamie Coutts, Crypto analyst in Real Vision, said decoding The change in regulatory attitude is deployed with Ether Leeum with AI as the cornerstone of innovation and growth of the US economy.
“Ether Leeum is dominant in decentralization and tokenization, and emphasizes a pivotal role in global blockchain development,” he said. “We also have a structural short position as we also start to resonate with this.”
He added that the ETF flow and the reduction of structural supply through the Ministry of Trade and Treasury “combined” Ether Lee’s price momentum.
Independent analyst AXEL Adler Jr. cited $ 5 billion in ETF inflow, recording July trading volume for $ 230 billion in Etherrium network.
Adler says that the outflow of Exchange is steadily maintained at about 33,000 ETH a day, and pointed out increasing staying activities and decreasing sales pressure, Adler said. mail Saturday.
Bitcoin’s market dominance has fallen from 62% to 58% over the last three weeks, and investors have turned into Etherrium as they rotate to Etherrium with clearer regulatory Guardrails and more softer macro data.
Analysts say the Fed, the British and Global Central Banks are looking forward to challenges, and the Etheri Room can continue to benefit from the year -end reflex trade.
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