Why is Ether (ETH) price up today? By Cointelegraph
![Why is Ether (ETH) price up today?](https://i-invdn-com.investing.com/news/Ethereum_800x533_L_1556445146.jpg)
Ethereum’s native token, Ether (ETH), is up today, mirroring gains elsewhere in the cryptocurrency market as investors go bullish on a potential spot ETF approval in the U.S.
On Oct. 25, ETH’s price stabilized around $1,800, a psychological resistance level, after rallying nearly 9% this week. The cryptocurrency’s upside moves accompanied a rise in daily trading volumes, indicating strong interest in Ether from buyers.