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Spot ETF and sharding to drive ETH beyond $4,000 in 2024
Ethereum price increased considerably in 2023, recovering about a third of the crash from December 2021 to May 2022. However, the remaining two-thirds of this crash is expected to be recovered in 2024 owing to multiple factors. ETH investors have a lot to look forward to throughout the year as events such as spot Bitcoin ETF approval, Dencun (sharding) update, and spot Ethereum ETF decision will be taking place, which are expected to be bullish catalysts. However, the lack of institutional investors' interest might act as a barrier to this growth and keep ETH from reaching $4,000. 2024 Fundamental outlook: Ethereum ... (full story)