Ethereum will Reach $10,000 ?
Bitcoin has attract all the attention in the crypto market during the previous months but other cryptos have also gained some light and shine from it.
Ethereum managed to surge until $3,800, giving a new breath in the market. But for how long it will last ?
Bitwise’s analysis showed that by the end of the year, Ethereum could be easily placed in the spectrum between $8,000 and $10,000.
This analysis is based on two independent factors from the market:
- The Dencun upgrade in the network would make the transactions cheaper in Layer 2, giving more motives for more transactions
- In May 2024, there are expectations for approvals or not for spot ETFs around Ethereum, similar to those from Bitcoin.
The summer is expected to be hotter than ever…………….
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