Why is Ethereum (ETH) price up today?

Why is Ethereum (ETH) price up today?

Ethereum’s native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader  cryptocurrency market, as well as stocks. 

ETH price rises to three-week highs

On Jan. 9, the ETH’s price rose 2.85% to cross above $1,325 for the first time in three weeks, a key level that could pave the token’s path toward $1,350 next if its previous price performance is any indication.

The crypto market’s capitalization gained 2.66%, or $21.18 billion, in the same period. 

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