Those investors
should first rush to buy higher quality BNB
In any aspect, it is not inferior to Ethereum
#BNB6000
Institutional buying frenzy for #机构疯抢以太坊 , is Ethereum about to hit $4500?
Recently, with institutions buying Ethereum in large quantities, it has directly become the locomotive for ETH, soaring up to $4300. It feels like these three situations are the main driving forces:
ETF funds pouring in: The U.S. spot ETF is like a "money printing machine," with huge amounts of capital entering the market daily to buy ETH, and exchange inventories are nearly sold out.
Public companies hoarding: Companies like BitMine are buying ETH at a speed 12 times faster than Bitcoin, with Standard Chartered Bank stating that this is more profitable than buying ETFs.
All conditions are right: A weakening dollar + the Federal Reserve is set to cut rates, with capital flooding into the cryptocurrency market.
Analysts are collectively bullish, believing that as long as ETF funds keep coming in, $4500 is the next stop, with some big players claiming that Ethereum is replicating Bitcoin's 2017 bull market.
Recently, with institutions buying Ethereum in large quantities, it has directly become the locomotive for ETH, soaring up to $4300. It feels like these three situations are the main driving forces:
ETF funds pouring in: The U.S. spot ETF is like a "money printing machine," with huge amounts of capital entering the market daily to buy ETH, and exchange inventories are nearly sold out.
Public companies hoarding: Companies like BitMine are buying ETH at a speed 12 times faster than Bitcoin, with Standard Chartered Bank stating that this is more profitable than buying ETFs.
All conditions are right: A weakening dollar + the Federal Reserve is set to cut rates, with capital flooding into the cryptocurrency market.
Analysts are collectively bullish, believing that as long as ETF funds keep coming in, $4500 is the next stop, with some big players claiming that Ethereum is replicating Bitcoin's 2017 bull market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
850.7
-0.12%