3 Reasons Why Ethereum Is Surging Today

Ethereum's (CRYPTO: ETH) 7.3% move over the past 24 hours, as of 4:00 p.m. ET, is one I think investors are right to cheer today. After all, we haven't had many days in which Ethereum has trended higher over the past four months or so. Thus, a move of more than 7% higher in such a short time frame is worth celebrating.

Now, as is the case with most rallies in the cryptocurrency sector, it's a sea of green today, with most tokens moving in the same direction. That said, among the five largest digital assets in the market, Ethereum is leading the way with today's move.

Let's dive into three key factors shaping today's direction of travel for those invested in Ethereum.

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Source Fool.com