ETHEREUM NEAR ATH.
It is natural to wonder: What is driving the price? Will it hold?
Well, consider:
Ethereum’s rally comes amid record corporate and institutional accumulation.
Data from Strategic ETH Reserve shows companies now hold over 3 million $ETH , worth $13 billion — with BitMine Immersion Technologies, SharpLink Gaming, and The Ether Machine leading purchases in recent weeks.
The latest CPI reading — in line with forecasts — eased fears of sticky inflation. Traders now see an increased probability of the Fed cutting rates next month, which would inject additional liquidity into markets.
Analysts say ETH could test all-time highs if macro conditions (i.e no geopolitical developments occur...) and demand remain favorable.
Institutional buying and treasury accumulation fuel Ethereum’s rally more rapidly and violent than $BTC . It is possible BlackRock® commitments/strategies inspires more confidence than that of Strategy from an investment standpoint.