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Ethereum Price Rebound: Is the Real Rally Just Starting?
Ethereum jumped 7.46% to $2,619 after soft U.S. inflation data, and analyst Tom Lee suggests a “brutal rally” for risk assets could be just beginning. Here’s what ETH investors should watch next.
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ETH Price Surges Past $2,600: CPI Data Sparks Rally
Ethereum surged past $2,600 in under an hour, hitting a multi-month high of $2,663 after softer-than-expected U.S. CPI data triggered a short squeeze. The rally highlights how macroeconomic events can drive sharp moves in crypto markets.