📣📣📣📣📣📢🚀🚀🚀🚀🚀🚀🚀🚀"Ethereum skyrockets and steals the spotlight!"
> "The queen of the market is on the throne today! 👑
ETH jumps ~9% in 24h, reaching $4,680 — and threatening to break its all-time high.
Driven by strong institutional demand and expectations of interest rate cuts in the US, Ethereum reigns supreme while advancing strongly in Altseason.
#Ethereum
The price of Ethereum has risen about 8% in the last 24 hours, trading around $4,634 — outperforming Bitcoin during this period.
The volume of ETH ETFs in the United States surpassed that of BTC: $523.9 million in inflows, compared to $66 million for Bitcoin.
Analysis indicates that Ethereum reached the $4,600 range, driven by strong institutional interest and growing adoption of ETFs.
Axios' newsletter highlights that ETH broke the $4,000 barrier and is already close to $4,400, nearly reaching its all-time high — its value has almost doubled since the beginning of 2024.
There is a bold prediction that ETH could reach $25,000 in 30 months, based on corporate treasury acquisitions and growing institutional demand.
However, there are signs of a possible massive sell-off: a group known as "7 Siblings," which holds about 1.2 million ETH, has begun converting them to USDC after the price broke the $4,500 range.$ETH