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Ethereum’s (ETH) price has exhibited strong bullish momentum this week, currently displaying four back-to-back daily green candles for the first time since early July. The rally for crypto assets began after the United States announced a 50 basis point rate cut, signaling the beginning of a global interest rate easing cycle. Also read: Ethereum fractal hints at $3.3K as analyst says its ‘go time’ for ETH price Ether OI rises by $1.3B Ethereum’s open interest, or OI, is currently $11.74 billion after increasing by more than $1 billion in less than a week. Previously, Ether OI was above $11 bill…

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