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Ethereum breached the $1,800 level on Wednesday for the first time this month, marking a significant technical milestone. The rally came amid a sharp increase in trading activity, with 24-hour volume rising from $60.66 billion to $78.06 billion — a 28.73% spike.
Ethereum’s recent price movements illustrate the powerful impact of DeFi within the cryptocurrency market. With Ethereum’s price reaching $3836.15, investors are witnessing significant shifts driven by increased DeFi market impact. The Ethereum blockchain’s ability to support innovative financial products is at the core of this momentum.
Bitmine Immersion Technologies buys $480 million in Ethereum during the October 2025 crash, expanding its holdings to 2.96 million ETH. They know something...