Here's What Pushed ETH Back to Highest Level in 5 Weeks: Santiment

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Here's What Pushed ETH Back to Highest Level in 5 Weeks: Santiment
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.ethereum and Bitcoin were driven back to their five-week highs: santimentfeed $BTC $ETH

and Ethereum price jumps on Dec. 13; both leading cryptocurrencies returned to their highs for the first time since FTX announced its insolvency in early November.Ethereum back to $1,330 first time in month

According to the analytics team of Santiment, the second largest crypto by market cap value, Ethereum, has managed to recapture the high of $1,335 for the first time since early November. Also, Ethereum's utility has soared to the highest level since May 2021. Santiment says that this is good since since the surge in the activity of ETH wallets in this case is likely not caused by regular profit-taking opportunities on the market.

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