Global #Ethereum

Ethereum (ETH) has seen a notable price increase of over 7% in the past week, signaling a bullish sentiment among many investors.

Recently, a significant transfer of 10,000 ETH, valued at approximately $24.93 million, was executed from the Gemini exchange to an unknown wallet.

In a rapidly evolving blockchain landscape, Ethereum stands out as a pioneering force, thanks to its creator, Vitalik Buterin. However, the platform hasn't escaped criticism.

With just a week until the election, the cryptocurrency market is gearing up for heightened liquidity, which could serve as a potential catalyst for Ethereum (ETH) to escape its current downward trend.

Today marks a significant day in the cryptocurrency market as over $5 billion worth of Bitcoin and Ethereum options are set to expire.

Ethereum (ETH) is trading lower on Friday, approaching its critical daily support level at $2,461. A close below this mark could signal further declines for the cryptocurrency.