Ethereum

Coin

<ul class="news-points"> 
 <li>A crypto analyst said Blackrock Ethereum ETF approval could drive the digital asset’s price up.&nbsp;</li> 
 <li>Arnold stated that Ethereum could peak at $28K if it replicates previous bull cycles.</li> 
 <li>The analyst noted that ETH’s price isn’t going to pump as fast or as high as in previous years.</li> 
</ul> 
Blackrock’s Ethereum spot exchange-traded-fund filing continues to drive excitement through the crypto community as investors expect the move to push the digital asset’s price up.&nbsp; 
In a <a href="https://www.youtube.com/watch?v=IalCpNwQpxs" target="_blank" rel="noreferrer noopener nofollow">recent video</a>, Aaron Arnold, the host of the crypto channel Altcoin Daily, noted these bullish potentials. According to the analyst, <a href="https://coinedition.com/blackrock-officially-submits-form-s-1-with-sec-for-ethereum-etf/">Blackrock’s ETF</a> approval will be the demand shock that drives Ethereum’s prices up.&nbsp; 
The analyst continued that if the world’s second-largest cryptocurrency network by market cap increased by the same percentage it did in the previous bull cycle, then prices could go as high as $42,000. However, the analyst remarked that such a cycle may be the last of the great crypto bull runs.&nbsp; 
However, Arnold stated that the $42,000 prediction might be a far shot, predicting instead a rise to $28,000…
The post <a href="https://coinedition.com/analyst-predicts-ethereum-to-peak-28000-pushed-by-etf-approval/">Analyst Predicts Ethereum to Peak $28,000 Pushed by ETF Approval</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Analyst Predicts Ethereum to Peak $28,000 Pushed by ETF Approval

Coin Edition

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