Ethereum eyes $2,000 as spot ETH ETFs buck worrying trend
The Ethereum price bounced back this week as investors bought the dip, and the Fear and Greed Index exited the fear zone.
Ethereum (ETH) rose to $1,800, up 30% from its lowest level this year. The rebound, which coincided with that of other cryptocurrencies, pushed its market cap to almost $220 billion.
There are signs that crypto investors are embracing the fear of missing out, or FOMO. The Crypto Fear and Greed Index has jumped from the extreme fear zone 18 to the neutral point of $53 today. If the trend gains steam, it will enter the greed zone soon.
Further, Wall Street investors are becoming interested in Ethereum as it bucked a worrying trend. All spot ETH ETFs had net inflows of over $157…
