Why is Ether (ETH) value up at this time?

Ethereum’s native token, Ether (ETH), is up at this time, mirroring positive factors elsewhere within the cryptocurrency market as buyers go bullish on a possible spot ETF approval within the U.S.

On Oct. 25, ETH’s value stabilized round $1,800, a psychological resistance degree, after rallying practically 9% this week. The cryptocurrency’s upside strikes accompanied an increase in each day buying and selling volumes, indicating robust curiosity in Ether from consumers.

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