Financial reports from ETF providers or cryptocurrency market analyses

Ethereum Surpasses $3,000, Poised for $3,200 Breakout Amid ETF Inflows Surge

Nov 9, 2024, 06:06 AM

Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has surpassed the $3,000 mark after breaking through $2,900. The digital asset's price increase comes amid a surge in ETF inflows following a reported victory by former President Trump. Ethereum's fundamentals are improving rapidly, fueling optimism for a potential breakout to $3,200 and beyond. Market sentiment suggests the cryptocurrency could reach $3,500 or even $4,000 in the near future.