Ethereum leads crypto market with 4% surge to 3-month high above $2700
Ethereum outpaced the broader crypto market over the past 24 hours, posting the strongest performance among the top 10 digital assets.
According to CryptoSlate data, ETH climbed nearly 4% during the reporting period, briefly touching $2,725, its highest level since February.
In contrast, other major crypto tokens like Bitcoin, XRP, Solana, BNB, Dogecoin, Cardano, and Tron recorded flat or slightly negative movements, with gains or losses staying within the 1% range.
Macroeconomic signals from the Federal Reserve shaped market sentiment during the period.
Valentin Fournier, lead research analyst at BRN, told CryptoSlate that the May 28 FOMC minutes struck a more hawkish tone than expected. Policymakers pointed to persistent inflation and…
