Ether, the native token of Ethereum’s blockchain, peeped above $3,000 early Thursday. The breakout above the psychological barrier was partly aided by the hedging actions of market makers or sellers from the ether choices market, based on Griffin Ardern, head of choices buying and selling and analysis at crypto monetary platform BloFin.
Ether’s (ETH) $3K Breakout Partly Fueled by Vendor Hedging, Analyst Says
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