ETH jumped slightly and again broke $3,500 in the minutes after Consensys reported the SEC had dropped its investigation into Ethereum.
Ether (ETH) is back above $3,500, having seen a slight price bump after Consensys said the United States Securities and Exchange Commission is ending its investigation into whether ETH is a security.
ETH traded at $3,493 up until the company posted to X on June 19 that the SEC will be shutting its probe — which is “huge for the space,” according to crypto commentators.
“The Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0,” Consensys wrote.
