Ether rises to $2,714.20, nearing its 90-day high

  • Ether traded near $2,718, gaining 1.89%, while Bitcoin rose 1.07% to $84,029.
  • Strategy bought 1,665 BTC for $142.7 million, lifting holdings to 847,666 coins.
  • BlackRock's IBIT recorded $55 million in Monday net inflows.

Ether traded near $2,718, up 1.89%, while Bitcoin rose 1.07% to $84,029 amid renewed exchange-traded fund inflows. BlackRock's IBIT recorded $55 million of net inflows on Monday, contributing to $2.4 billion in weekly inflows for U.S. spot Bitcoin ETFs, while BlackRock also moved 1,150 BTC and 11,840 ETH from Coinbase Prime. Strategy bought 1,665 BTC for $142.7 million, increasing its holdings to 847,666 coins, and Bitmine added 17,362 ETH during the week ended September 27, taking its Ether holdings to 6,001,302 ETH. DeFi tokens outperformed, with CRV and AAVE rising after protocol-related developments. Ether remained close to its September 21 high of $2,805.50, though separate market snapshots recorded differing intraday prices.

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