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Ethereum Shows Bullish Signs Amid Russell 2000 Correlation and Institutional Buying

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$3,042.382.25%
Ethereum news shows ETH holding above $3,000, with on-chain data pointing to bullish momentum. Exchange reserves have fallen to 16.4 million tokens, a multi-month low. Institutional investors bought $42.3 million in Ethereum price today on December 11, reversing a $270.8 million outflow in late November. The Russell 2000, up to a record high, has historically moved in sync with ETH. Goldman Sachs forecasts 49% growth for the index, outpacing the S&P 500’s 14%.
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