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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.

EDC edc blockchain in India for beginners ✌️【Fixed Income】✌️Invest ₹500 and enjoy fast, secure monthly profits. Start now!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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“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.

EDC edc blockchain in India for beginners ✌️【Fixed Income】✌️Turn ₹500 into big monthly profits. Start today with our smart investment tools!She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia.

Lyllah holds bitcoin, ether and small amounts of other crypto assets.EDC edc blockchain in India for beginners Online Part-Time Work: Earn From Home