CoinTelegraph
Key takeaways:Ether’s price rose over 5% to $2,520 on May 20, mirroring similar upward moves across the wider cryptocurrency market.Ethereum’s record open interest, rising funding rates and a significant short squeeze fuel the rally.A classic recovery pattern suggests a potential 92% rally toward $4,800 as ETH holds key support.Ether (ETH) price rose by over 5% in the last 24 hours to around $2,520 on May 20 amid increasing futures open interest. …
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Why is Ethereum (ETH) price up today?
Cointelegraph by Yashu Gola
19:19
Key takeaways:Ether’s price rose over 5% to $2,520 on May 20, mirroring similar upward moves across the wider cryptocurrency market.Ethereum’s record open interest, rising funding rates and a significant short squeeze fuel the rally.A classic recovery pattern suggests a potential 92% rally toward $4,800 as ETH holds key support.Ether (ETH) price rose by over 5%
