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Ethereum (ETH) Finally Breaks Crucial $3,000 Resistance, What Comes Next?

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Ethereum has jumped above $3,000, but bearish headwinds remain on horizon

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This is because the United States Securities and Exchange Commission plans to designate Ethereum as a security. This is projected as the basis for which the regulator might deny several applications for spot Ethereum ETFs.on the likely disposition of the U.S. SEC regarding this offering; however, experts’ general consensus is that the approval odds are reasonably down.

 

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