Ethereum

Solana

Strong

Bitcoin

Spot

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ethereum-rises-as-bitcoin-stays-strong" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum Rises as Bitcoin Stays Strong</a><br></p>
<p style="text-align: justify">The cryptocurrency landscape has recently witnessed notable fluctuations, with <a href="https://en.bitcoinhaber.net/grayscale-introduces-more-affordable-bitcoin-trust-option" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/russian-bitcoin-miners-reap-billions-in-profits" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) breaking a pivotal threshold of $95,000. Ethereum (ETH) also gained traction, soaring by 11.65% to reach a peak of $3,688, redirecting investor focus towards its performance.</p>
<h2 style="text-align: justify" id="strong-what-factors-drive-ethereum-s-recent-popularity-strong"><strong>What Factors Drive Ethereum’s Recent Popularity?</strong></h2>
<p style="text-align: justify">In the U.S., spot Ethereum exchange-traded funds (ETFs) saw impressive inflows, totaling $90.1 million in a single day, marking four consecutive days of net gains. This trend has fostered a sense of optimism regarding Ethereum’s market trajectory, as it quickly recovered from previous lags behind Bitcoin and <a href="https://en.bitcoinhaber.net/crypto-analyst-predicts-continued-rise-for-solana-shares-key-buying-range" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (SOL).</p>
<h2 style="text-align: justify" id="strong-could-eth-reach-new-all-time-highs-soon-strong"><strong>Could ETH Reach New All-Time Highs Soon?</strong></h2>
<p style="text-align: justify">QCP Capital notes that ETH’s recent upswing could lead to a potential revisit of its all-time high of $4,868, representing a potential increase of 35.4% from its current levels. The diminishing dominance of Bitcoin in the market further underpins this upward momentum for ETH.</p>
<p style="text-align: justify">Market insights indicate that ETH’s robust movements suggest a capital shift from Bitcoin to Ethereum. Key takeaways include:</p>
<ul style="text-align: justify">
 <li>Spot ETF inflows are crucial for maintaining ETH’s upward trend.</li>
 <li>Strong resistance levels are being established, indicating investor confidence.</li>
 <li>The potential rally could positively impact the broader altcoin market.</li>
</ul>
<p style="text-align: justify">At present, Ethereum trades at $3,614, showing a slight decrease of 1.04% over the past 24 hours.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/ethereum-rises-as-bitcoin-stays-strong" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum Rises as Bitcoin Stays Strong</a></h5>

Ethereum Rises as Bitcoin Stays Strong

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