Ether breaks above $3,400 as scaling solution Arbitrum One launches to public; bitcoin continues to trade sideways

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tldr; Ether broke above $3,400 on Tuesday for the first time since May. The world’s second-largest cryptocurrency was recently trading at $3.412, up more than 2% over the past 24 hours. The mainnet of the Ethereum layer 2 scaling solution Arbitrum One opened to the public on Tuesday.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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