Ether (ETH) price jumped nearly 3% to around $1,870, its highest level in over a week on may 23. The ETH/USD pair slightly outperformed the wider cryptocurrency market, which rose 2.5% above a total market capitalization of $1.1 trillion.
ETH price gains appeared after the recent Hong Kong decision to allow retail traders to trade cryptocurrencies. Approved tokens on regulated crypto exchanges will need a 12-month "track record," which raises ETH's listing prospects.