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Standard Chartered Bank reiterates that Ethereum is expected to reach $8,000 after expectations of ETF approval increase
Standard Chartered Bank’s head of crypto research also predicted that Bitcoin will hit new highs this weekend.
Standard Chartered Bank has once again confirmed its optimistic forecast for the price of Ethereum (ETH), predicting that Ethereum will reach $8,000 by the end of the year. This prediction comes after market expectations for the approval of an Ethereum exchange-traded fund (ETF) have increased significantly.
Geoffrey Kendrick, head of crypto research at Standard Chartered Bank, emphasized in a report shared with the media that recent market dynamics reflect increased investor confidence in the cryptocurrency market and a significant increase in market activity.
Standard Chartered Bank has once again confirmed its optimistic forecast for the price of Ethereum (ETH), predicting that Ethereum will reach $8,000 by the end of the year. This prediction comes after market expectations for the approval of an Ethereum exchange-traded fund (ETF) have increased significantly.
Geoffrey Kendrick, head of crypto research at Standard Chartered Bank, emphasized in a report shared with the media that recent market dynamics reflect increased investor confidence in the cryptocurrency market and a significant increase in market activity.
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