Ethereum & Bitcoin Lead Green Day for Top Coins Amid Acute Crypto Rally

On May 6th, most of the cryptoeconomy’s top coins saw acute spikes on the day as recent institutional advancements from major firms like Fidelity and eTrade and reporting around possible ether (ETH) futures in the U.S. have seemingly sparked another surge of optimism — and thus buy pressure — in crypto markets.

Ether led the charge after CoinDesk broke an early morning report wherein an anonymous source within the U.S. Commodity Futures Trading Commission (CFTC) had said the regulators were willing to greenlight a reputable ether futures offering. “[W]e we can get comfortable with an ether derivative being under our jurisdiction,” the insider commented.

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