institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

ETH, DOGE News: Ether Nears $2.7K, Dogecoin Zooms 9% to Keep Cheery Mood Ongoing

  • Ether and Dogecoin led the cryptocurrency market with about 9% gains on May 14, 2025, amid a broadly rising market capitalization.
  • This surge followed softer-than-expected April inflation data and easing trade tensions, which boosted investor risk appetite across digital assets.
  • Institutional investors notably increased exposure, with Abraxas Capital buying $84.7 million in Ether and a rise in long positions on Binance reflecting strong market interest.
  • Ether’s price briefly exceeded $2,700, with a 10.3% volume increase to nearly $35 billion and open interest reaching the highest level since January 24 at $32.28 billion.
  • Analysts anticipate potential upside targets between $2,800 and $12,000 for Ether, while renewed retail engagement in assets like Solana may sustain further price rallies.
Insights by Ground AI
Does this summary seem wrong?

11 Articles

All
Left
Center
2
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Cryptoast broke the news in on Tuesday, May 13, 2025.
Sources are mostly out of (0)