#ETHRally ETHRally Ethereum is on the verge of breaking its all-time high. As ETH approaches its peak, members of the crypto community are sharing forecasts.
We explain why Ethereum is rising and what crypto investors expect from the altcoin in the near future.
We explained how to buy Ethereum for rubles.
Ethereum has closely approached its all-time high (ATH). At the time of writing this review, the cryptocurrency is trading at $4,661. The all-time high for ETH, according to CoinMarketCap, was recorded on November 16, 2021, at $4,891. At the time of writing this review, the coin is trading only 4.5% lower.
Ethereum is rising due to record capital inflows into ETFs and interest in crypto from companies that are accumulating the coin for their reserves. The market is experiencing a supply shortage. The amount of free ETH on exchanges continues to decrease. Lookonchain noted that traders who bet on the decline of the Ethereum price are suffering multi-million losses.
The rise of ETH caught the attention of the son of the US president, Eric Trump. In July, he gave a positive forecast for the coin, after which his father's company, World Liberty, began buying up Ethereum. Eric Trump did not miss the opportunity to emphasize that he was right. In the crypto community, the president's son z$BTC
