🔥Why did the price of ETH increase in the last few weeks? 🚀
Ether has lagged behind the price of #bitcoin and other #Criptomonedas layer 1 alternatives in this last cycle, after being in a downtrend since December 2024. Against all odds, ETH has risen almost 100%, with a 65% increase in just the last 30 days.
According to the research firm Bernstein, they indicate that #ETH may have risen due to several narratives. The main ones would be due to a surge in the tokenization of stablecoins and securities, institutionalization of layer 2, and the reduction of short positions in ETH.
As a result, the resurgence of ETH and other #activos distinct from Bitcoin is good for cryptocurrency exchanges and brokers, as a broader recovery of the cryptocurrency market attracts retail traders, generating stronger volumes.
Will ETH be able to return to the $4,000 zone?
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