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markets regulator.The spot bitcoin ETF approvals also buoyed ether(ETH)traders, who are betting the token that powers the Ethereum networkcould be next in line.

Boost sales by leveraging AI to create more effective marketing campaigns ✌️【Risk Management】✌️Get started with ₹500 and unlock huge returns every month.The ETH price has jumped 10% in 24 hours, while bitcoin added 1.3%.Tokens oflayer 2 networks, which operate as individual blockchains but are ultimately built atop Ethereum, surged as well.

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Boost sales by leveraging AI to create more effective marketing campaigns ✌️【Risk Management】✌️Invest ₹500 and earn up to 100% returns every month. Start now!Other Ethereum ecosystem tokens, ranging from meme coins to those that power Ethereum-based applications, rose 14% on average, the category tracked byCoinGecko shows.

“The largest smart money inflows” were directed toward the Ethereum ecosystem in the past 24 hours, Nansen analyst Martin Lee said in a Telegram message.

Nansen defines smart money as wallets that trade or invest in a way that is considered experienced or well informed and are usually profitable.Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.

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Lyllah holds bitcoin, ether and small amounts of other crypto assets.Boost sales by leveraging AI to create more effective marketing campaigns Crypto Investments: Big Returns with Small Investment