Ether Leads Markets Higher

The crypto markets move to the upside continued in today's session, with Ether futures leading the way higher trading up over 8% while Bitcoin rose nearly 1.5%. There has been significant strength from the Crypto markets over the last few weeks, and Ether is now trading right near the 50% retracement mark from the December 2024 high price when looking at a daily chart. Along with Bitcoin and Ether, the Solana market also saw a sharp rise over 5% on the session while XRP saw slight losses.

Outside of the Crypto markets, the Equity Indices traded slightly higher near 0.5% with Tesla leading the Nasdaq higher on the session. This is the third session in a row with a new higher high price for the S&P and could support a strong market at these levels. There have also been continued talks between President Trump and China about tariff policy, and the outcomes could add significant volatility to markets globally when resolved.

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**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.