Recent market data reveals Ethereum’s upward momentum, with HTX data on August 13 showing a breakthrough past $4500, building on earlier reports of strong institutional buying and network activity.
Matrixport's analysis on August 11 noted Ethereum surpassed $4000 amid robust institutional support and high on-chain activity. On August 13, BlockBeats reported, based on HTX data, that ETH broke the $4500 mark with a 4.76% increase in 24 hours, establishing a new high in the current bull market.
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