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Ether rallies 6% in catch-up trade as investors position for January

by Editor December 28, 2023, 9:27 am 2k Views

Ether rallies 6% in catch-up trade as investors position for January

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023.

Dado Ruvic | Reuters

The price of ether jumped on Wednesday as investors moved into the cryptocurrency ahead of key upside catalysts expected in January.

Ether was last higher by 6%, according to Coin Metrics. Solana’s SOL token, among the top performers in crypto this year, was up 2%.

“We believe it’s attributed to … a…

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