Ethereum Breaks Above $1,600 With Modest Daily Gains

In Brief:

ETH has reclaimed the $1,600 level on OKX, up 0.19% in the past 24 hours.

The move comes after days of volatility across the broader crypto market.

‍

Ethereum has broken through the $1,600 mark, trading at $1,600.42 on OKX with a modest 0.19% gain over the last 24 hours. The recovery follows a week of sharp sell-offs that saw ETH drop below key support levels.

Market sentiment remains cautious, but the bounce signals renewed short-term momentum for ETH. Broader factors, including interest rate signals and Bitcoin stability, may continue to influence price action.

‍