Ethereum

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/raoul-pal-predicts-ethereums-potential-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Raoul Pal Predicts Ethereum’s Potential Surge</a><br></p>
<p style="text-align: justify">Raoul Pal, a notable former executive at Goldman Sachs, has expressed optimism regarding Ethereum’s (ETH) potential for substantial growth. In a recent YouTube discussion tailored to his 143,000 followers, Pal drew parallels between Ethereum’s current market behavior and <a href="https://en.bitcoinhaber.net/global-anticipation-for-us-secs-decision-on-bitcoin-spot-etf" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>‘s trajectory from 2011 to 2019.</p>
<h2 style="text-align: justify" id="what-is-ethereum-s-current-market-performance">What is Ethereum’s Current Market Performance?</h2>
<p style="text-align: justify">As of now, Ethereum is priced at $3,209. This leading cryptocurrency, which holds the second spot by market capitalization, has seen a slight decline of over 1% in the last day. However, it has enjoyed a weekly surge of 12% and a monthly increase of 23%.</p>
<h2 style="text-align: justify" id="how-does-bitcoin-influence-ethereum">How Does Bitcoin Influence Ethereum?</h2>
<p style="text-align: justify">Pal noted that Bitcoin’s (<a href="https://en.bitcoinhaber.net/controversy-surrounds-secs-potential-rejection-of-spot-bitcoin-etfs" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) pricing is closely linked to global liquidity trends. Currently, Bitcoin stands at $89,831, reflecting a 2.5% rise in the last 24 hours and a 19.5% weekly increase.</p>
<p style="text-align: justify">“Ethereum appears to be on a trajectory resembling Bitcoin’s past bull runs. Its potential to reach the $20,000 mark seems plausible, though it must gain momentum,” stated Pal. He is hopeful about Ethereum’s prospects despite its current valuation being 34% beneath its all-time high of $4,878 recorded in November 2021.</p>
<ul>
 <li>Ethereum has shown growth patterns similar to Bitcoin.</li>
 <li>Despite recent gains, ETH’s price remains significantly lower than its peak.</li>
 <li>Pal is optimistic about ETH’s potential to gain momentum in a recovering market.</li>
 <li>Bitcoin’s performance significantly affects Ethereum’s market behavior.</li>
</ul>
<p style="text-align: justify">The latest trends in both Ethereum and Bitcoin offer a glimpse into the broader cryptocurrency landscape and its promising possibilities. Pal’s insights suggest potential growth for Ethereum in alignment with favorable market conditions.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/raoul-pal-predicts-ethereums-potential-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Raoul Pal Predicts Ethereum’s Potential Surge</a></h5>

Raoul Pal Predicts Ethereum’s Potential Surge

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