🟢 ETHX-B.TO is trading 3.4% up today as Ethereum extends CPI-fueled rebound

ETHX-B.TO is trading 3.4% up today as Ethereum continues its rebound following the sharply cooler June U.S. CPI report, which has boosted risk appetite and lowered perceived Fed rate-hike odds.

• The move in ETHX-B.TO is more pronounced than broader equity markets as crypto assets react more directly to improving inflation data.
• Improving risk sentiment follows a period of recent geopolitical tensions that had previously weighed on the digital asset market.