Ethereum

<ul class="news-points"> 
 <li>Crypto Analyst Van Pope speculates Ethereum a reaching new&nbsp; ATH as it surged to $3,800&nbsp;</li> 
 <li>Analyst suggests factors behind this surge might be the upcoming Dencun upgrade and potential ETF approval speculation.</li> 
 <li>ETH/USDT pair shows upward movement compared to BTC/USDT which barely moved post Bitcoin ATH.</li> 
</ul> 
Michael Van Pope, a prominent crypto analyst, took to X speculating a new all-time-high for Ethereum. He stated two key factors driving the bull run could be the Dencun upgrade and the likelihood of ETF approval. Ethereum (ETH) <a href="https://coinedition.com/ethereum-crosses-3k-in-build-up-to-upcoming-dencun-upgrade/">crossed</a> $3,000 and surged to $3,800 earlier this week, marking its highest value in nearly two years.&nbsp; 
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 The next in line for a potential all-time high test is <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a>. Why? – Dencun upgrade. – Potential Spot ETH ETF approval. Crucial resistance is approaching, but the <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> pair has barely moved. We'll likely see more strength coming from this asset. <a href="https://t.co/LyWh8ht9ow" target="_blank" rel="nofollow">pic.twitter.com/LyWh8ht9ow</a>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1765368735710241086?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 6, 2024</a>
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The Dencun upgrade, <a href="https://www.youtube.com/watch?v=FLB61CpMB70" target="_blank" rel="nofollow">scheduled</a> for release on March 13, is poised to be one of Ethereum’s most significant updates since the transition to Proof-of-Stake consensus. This upgrade brings the implementation of “proto…
The post <a href="https://coinedition.com/ethereum-hits-3800-dencun-upgrade-and-etf-hype-propel-surge/">Ethereum Hits $3,800: Dencun Upgrade and ETF Hype Propel Surge</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Hits $3,800: Dencun Upgrade and ETF Hype Propel Surge

Coin Edition

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