📊 Citi: Ethereum Down 20% YTD, But Fundamentals Are Improving
📉 Despite ETH dropping 20% YTD, Citi’s latest report highlights improving fundamentals:
🔹 Ethereum TVL surging 📈
🔹 ETH ETFs continue attracting inflows, totaling $3.2B since July 💰
🔹 Search interest in Ethereum rising 🔍
🔸 Market Insights:
• Trump’s World Liberty Financial holds $200M+ in ETH, potentially signaling U.S. support for crypto 🇺🇸
• Bitcoin dominance has climbed past 60%, contributing to ETH’s weaker price action ⚖️
Will Ethereum’s fundamentals drive a price recovery? 🤔🚀
#Ethereum #ETH #crypto #bitcoindominance #CitiResearch