Post
Topic
Board Altcoin Discussion
Re: Do we see 5k Eth price by end of the month
by
ampu
on 02/09/2021, 15:03:15 UTC
A rally to $5k is possible for Ethereum, but to be certain we need Bitcoin to get closer to the $64k ATH it established in May.
September is usually a bearish month for Bitcoin, so I don't expect Ethereum to have a breakout in value, even though ETH is burned every day.
The current high transaction fees in Ethereum are due to the high level of NFT transactions. It's like the DEFI wave in previous months.