Ethereum Spikes 10% Amid ETH Futures Approval Rumors

[Ozark]

Ethereum has spiked by about 10 percent over the last 24 hours following speculation that the U.S. Commodity Futures Trading Commission (CFTC) may be ready to approve ETH futures trading. More here...

Based on the record at coinmarketcap, yesterday's ETH price has ended at $175.76 while now it's $5,947.12 at the time of writing. Now, do you think this price increase has something to do with the approvals of ETH's futures?

[Bolasodok86]

it could happen with such an agreement that it would have an effect on increasing erhereum, and we also know that erhereum is a very potential coin.

[IyemRoker]

Does the price of the Spikes rise or fall? LOL

Futures are only financial institutions to give good news, but if they fail, the Futures will give bad news.
I just guessed the current situation and the results as you want. right right?

[damsix]

It looks like the OP wrote it wrong because I see the OP writes from the price of Ethereum $ 175 to $ 5,947.

Since when did Ethereum have risen to 5,947 USD?
As far as I know, EThereum has the highest price and is around 1300 USD. LOL

[Davenethan07]

Hopefully we will see the rising eth soon, because it could help other alts to gain greater potential for it's price. This is always possible to develop a huge price capability which enables more new demands for ethereum.