CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out

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Ether, the second-largest cryptocurrency by market price, increased almost 2% to $2,920, having leapt 13% recently, the greatest gain in 6 weeks. Traders speaking with CoinDesk stated Ethereum’s approaching evidence of work and evidence of stake system would have bullish ramifications for the programmable blockchain’s native token ether.

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