https://cryptoslate.com/ethereum-price-approaches-3k-amidst-spot-etf-anticipation-dencun-upgradeAnalysts of Bernstein believes a spot ETH ETF is a near certainty within one year.
The price of Ethereum (ETH) approached $3,000 on February.19 amidst anticipation concerning development that are expected to occur in the coming months. The Ethereum is ranked #2 (no: 2) by market cap and the price is up to 2.69% over the past 24 hours. Ethereum has a market capitalization of $356.82 billion with a 24 hours trading volume of 15.44 billion dollars.
Analysts at the company predicted a 50% chance that a spot Ethereum ETF will be approved by MAY and a near-certain chance that such a fund will be approved within one year. This is a very good increase in the crypto world as another trading market will be approved soon and the awaited miners of this Ethereum will finally benefit from another crypto currency, especially now that dollar has a very high value in the trading market.
Yes, Ethereum is already at $3000. After a long time, Ethereum is back in the $3000 range which is indeed a very exciting moment for every investor. But I think Ethereum can stay between $4000 before SEC charges and $10000 in a bull market. I still say Ethereum is the best coin to invest in after Bitcoin. So those who are still preparing to invest but haven't invested can invest as the price of ethereum is expected to increase further.
wow Ethereum to 10,000 dollars? I cannot wait this to see this happen but at least I am not seeking for short way because i know that
once bitcoin reaches 200k then Ethereum will finally make it to 10k but not until that happened ETH
will go below that level as I am only talking about reality here.