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October 31, 2022 by BitcoinGuide.com

Ethereum price hits $1.6K as markets expect the Fed to ease the pressure

Ethereum price hits $1.6K as markets expect the FED to ease the pressure

A $250 surprise rally took place between Oct. 25 and Oct. 26, pushing Ether ( ETH) price from $1,345 to $1,595. The movement caused $570 million in liquidations in Ether’s bearish bets at derivatives exchanges, which was the largest event in more than 12 months.

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