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Guavy AI Editorial TeamSentiment: 4Clout: 82

Ethereum Price Surges Above $2000 Amid Renewed Buying Interest

The Ethereum cryptocurrency has experienced a significant price increase, surpassing $2000 in value.

This uptrend is attributed to increased buying interest and whale accumulation, with notable transactions totaling millions of dollars. Additionally, the Coinbase Premium Index, which measures the price difference between Ethereum on Coinbase and Binance, has moved above zero, suggesting stronger demand from US-based investors.