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Ethereum (ETH) Price: What’s Next for ETH After BitMine’s Latest Buy and JPM Coin News?

CoinCentral·October 20, 2026·1 min read
Ethereum (ETH) Price: What’s Next for ETH After BitMine’s Latest Buy and JPM Coin News?

ETH trades near $2,400, struggling to break above the 20- and 50-day EMAs at about $2,504 and $2,483. BitMine bought 12,535 ETH last week, raising its holdings to 6.041 million ETH, or 4.9% of supply. JPMorgan expanded its JPM Coin to Ethereum mainnet for institutional clients. US spot ETH ETFs saw inflows.

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