Ethereum Price Soars Past $4,000: What Is Going On With ETH?
Posted On December 16, 2024
Ethereum (CRYPTO: ETH) has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Ethereum (CRYPTO: ETH) | $4,065.94 | $489.6 billion | +4.2% | +6.5% |
| Bitcoin (CRYPTO: BTC) | $106,464.31 | $2.1 trillion | +3.1% | +9.4% |
| XRP (CRYPTO: XRP) | $2.47 | $141.8 billion | +2.1% | +3% |
Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted,
SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be “the cheapest ETH you’ll see for a very long time.”
He boldly predicts that Ethereum could soon surpass Bitcoin in prominence.
Similarly, trader McKenna anticipates a strong “institutional narrative and …
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