ETH/BTC Price Analysis: Ethereum Price Jumps 3% As SEC Drops Investigation

Ethereum price increased 1.6% in the last week, including a 3.4% increase in the last 24 hours. This renewed interest in the asset came about after the U.S. Securities and Exchange Commission moved to drop its investigation into the asset. Ethereum price hovered around $3,562 during European business hours as Bitcoin showed some signs of weakness, closing below a key support level.