Ethereum price crosses $3.7K as Tron and Avalanche lead DeFi Market rally
- The total cryptocurrency market valuation hit $3.54 trillion on Tuesday, a new all-time high.
- The crypto market is now on course for its sixth consecutive positive daily trading session.
- Bull seized control in the derivatives markets as bears booked 51% of the $343.14 million liquidations recorded on Tuesday.
Altcoin market updates: Ethereum breaches $3.7K resistance, while Tron and Avalanche gain traction
Ethereum price crossed the $3,700 mark as it outperformed Bitcoin on Wednesday amid positive tailwinds from news reports that the Securities & Exchange Commission (SEC) could approve staking for crypto ETFs in the US.
- Amid expectation of corporate participation in DeFi, the bullish sentiment spread…
