Ethereum Price Today: ETH Jumps By 4%; Whales Moves 95K ETH

Ethereum rises by 4.38% after Brazil approves cryptocurrency regulation. Currently, the market capitalization of Ethereum is $154,930,645,278 USD. Notably, The market capitalization of the cryptocurrency market is $852.93B, up 1.92% from yesterday. Over the past 24 hours, the overall volume of the cryptocurrency market has decreased by 7.25% to $44.91B. Bitcoin’s dominance is currently 38.07%, an increase of 0.18% over the day. Ethereum is currently able to break through the $1,230 resistance level versus the US Dollar. After testing $1,280, ETH appears to be building a solid support zone around $1,230. Recently as per the tweet whales moved 95,814 ETH to the wallet which also leads the price rise of Ethereum