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Ethereum Price Forecast: ETH tests $3,000 following strong ETF and treasury inflows
Ethereum (ETH) climbed above $2,900 on Thursday, mimicking the rally seen in Bitcoin. Amid the influence of the top cryptocurrency, strong buying pressure across ETH exchange-traded funds (ETFs) and crypto treasury companies have also pushed up ETH's price. Ethereum reached a five-month high of $3,000, seeing over a 6% gain in the past 24 hours and stretching its rally to over 15% in the past three days. The move follows Bitcoin lifting the wider crypto market with its surge to an all-time high above $116,000. While ETH appears to be riding the wave of BTC's rally, it's also seeing several unique bullish catalysts. ... (full story)
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