Ethereum at $250,000? Trump speech ignites price rally as ETFs gain $157m

Ethereum’s price rallied 15% this week breaking $2,100 after US President Donald Trump reignited market sentiment with a State of the Union address praising the economy. Investors funnelled $134 billion into cryptocurrencies after Trump’s speech to Congress on Tuesday, CoinGecko data shows. On Wednesday, traders bought $157 million worth of stakes in Ethereum exchange-traded funds, the best single day since January 15, DefiLlama data shows. The positive price action comes as Wall Street has quietly inc ...