Ethereum Closed Higher as Bitcoin Rally Lifted Demand

Ethereum closed at or above its opening price for the 1-hour candle that began on August 26 on Binance's ETH/USDT chart. The close validated the bias around $2,510 trading above EMA20 at $2,485.65 and EMA50 at $2,462.37. Observers noted Bitcoin’s surge past $80,000 and a Fear and Greed Index of 74…