Ethereum

2024

Bitcoin ETF

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 <li><strong>Ethereum faces outflows, while Bitcoin ETF has seen significant inflows.</strong></li> 
 <li><strong>Analysts suggest an “altcoin season” is imminent with ETH potentially leading the charge.</strong></li> 
 <li><strong>Predictions show ETH could reach a high of $3,217.86 by year-end, with a potential low of $2,823.96.</strong></li> 
</ul> 
<p>Ethereum experienced an outflow at the start of the week, according to recent data from Michael van de Poppe. Despite this, <a href="https://coinedition.com/6-in-10-top-hedge-funds-now-own-bitcoin-etfs/">Bitcoin</a> ETF has seen significant inflows. To regain upward momentum, Ethereum needs to break through 0.046 BTC resistance level.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> had outflow on the first day of the week, although it's delayed information.<br><br>There are 0 flows on BlackRock, while <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> ETF has provided a substantial inflow.<br><br>Expecting this to pick up momentum, however, Ethereum still needs to break through 0.046 BTC. <a href="https://t.co/9QmZXi2j6P" target="_blank" rel="nofollow">pic.twitter.com/9QmZXi2j6P</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1825910665330196795?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 20, 2024</a>
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<p>Ethereum’s performance has been under scrutiny as it faces outflows despite a strong Bitcoin ETF inflow. Additionally, Ethereum’s current price is <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="nofollow">$2,605.78</a> with a 24-hour trading volume of $13,188,403,770. It is down 0.16% in the last 24 hours and holds a market cap of $313,446,293,868 and a circulatin…</p>
<p>The post <a href="https://coinedition.com/crypto-analyst-predicts-ethereum-could-reach-3217-86-in-2024/">Crypto Analyst Predicts Ethereum Could Reach $3,217.86 in 2024</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst Predicts Ethereum Could Reach $3,217.86 in 2024

Coin Edition

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