Ethereum Hits $3,800 – What’s Happening?
- ETH just broke $3,800, the highest since early 2024.
- Big reason: Strong inflows into Ethereum ETFs and rising institutional interest.
- Companies like SharpLink hold over $1B in ETH and are staking it for passive income.
- Peter Schiff, a Bitcoin supporter, told investors to sell ETH and buy BTC, calling ETH a bubble.
- He believes Ethereum is losing its edge in DeFi and smart contracts.
- Crypto community clapped back, saying ETH is gaining strength, not losing it.
- Analysts say ETH/BTC may have bottomed, meaning Ethereum could gain more vs. Bitcoin.
