The price of Ethereum tried to keep up with rapid acceleration of Bitcoins over the years, I have not put on the novel highest all time, despite exceeding USD 120,000. However, in the direction of Altcoins Ethereum quickly became a attention center, especially after exceeding ETH levels at $ 4000. Now, as interest balloons, expectations regarding the high price of Ethereum may have increased, and a lot will soon expect a 5-story.
Why the price of ethereum is directed for $ 15.00
In post X (earlier on Twitter) a popular cryptographic analyst Rekt Fencer anticipated that the price of Ethereum has been “programmed” to achieve a sign of USD 15,000. As for why he thinks that Altcoin will raise so high, he emphasizes the five main events that will be the decisive trigger of the Ethereum price will reach USD 15,000.
The first thing on the list is the fact that buying ETH has recently increased among institutions. For example, the fiscal ethereum of companies was established in the last year, and Bitmine and Sharplink keep a fee. Because ETH quickly becomes a cryptocurrency for these immense investors, these companies bought over $ 10 billion ETH for less than three years.
Next on the list is the fact that the US President Donald Trump is the main owner of Ethereum. The president, who is hailed as the first President of the Pro-Crypto of the United States, currently has ETH worth over $ 500 million. This means that most of the wealth of the president’s cryptocurrencies are actually in Ethereum.
Another main factor increasing the value of the ETHEREUM price is the increased interest in ETF at Ethereum. As the purchase of ETFS ETFS ETFS ETFS increases, as well as their total principles. According to data From the Coinmarketcap website, ETF ETH issuers now control as much as $ 19 billion in AUM, which translates into 3.76% of the total capitalization of the Ethereum market.
After the fourth place on the list is the spread of pro-digit regulations such as the Genius Act This was handed over this month. This made it easier for institutional investors to move to Ethereum and at that time shopping.
Then the fifth point is the fact that ETFS ETFS ETFS is coming. Although this has not yet been approved, there were many ETF applications to enable ETH to be erected. This means that if it is approved, these funds ultimately close the immense number of their ETH resources to enjoy performance.
A distinguished picture from Dall.e, chart from tradingview.com
