TechFlow, July 9 — According to 10x Research analysis, Ethereum's current price has broken above both the 7-day and 30-day moving averages, indicating a bullish trend with a weekly gain of 3.6%. This rally has been driven by ETF inflows totaling $148.5 million, led by BlackRock's iShares Ethereum Trust, which now holds $4.6 billion in assets. Additionally, BitMine bolstered market confidence by securing $250 million in private funding to support its Ethereum treasury strategy.
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