Ethereum (ETH) has once again grabbed headlines with a significant price surge following the release of positive May US Consumer Price Index (CPI) data. This article delves into the factors driving Ethereum’s recent performance, analyzes its market dynamics, and explores the potential future outlook for this leading cryptocurrency.

Positive CPI Data Sparks Market Rally

The cryptocurrency market is often influenced by macroeconomic indicators, and the recent CPI data from the United States proved to be a pivotal moment for Ethereum and other major digital assets.&middot

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