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Ethereum Price Predictions: Can ETH Reach New Heights with a Bitcoin ETF?
2024/01/12By:
- The price predictions for Ethereum (ETH-USD) are worthwhile to check out today.
- This is because the Bitcoin (BTC-USD) spot ETF was recently approved.
- As a result, traders of ETH are hoping that spot ETFs will be next.
Predictions for the price of Ethereum (ETH-USD) are a popular topic among cryptocurrency traders right now as they assess the token’s potential.
A number of Bitcoin (BTC-USD) spot exchange-traded funds (ETFs) have been approved, which is the main news that has cryptocurrency investors eyeing ETH. Fans of Ethereum are now hoping that the Securities and Exchange Commission (SEC) would approve ETH spot ETFs in the near future.
Although the SEC’s decision regarding Ethereum spot ETFs is still up in the air, we ought to know by the end of the year. The agency plans to start looking into the matter in May, which might be a big push for cryptocurrencies.
Considering all of that, it makes natural that cryptocurrency traders are examining Ethereum price forecasts at this time. Take a look at some of the most recent estimations that we have below to assist with that!
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Ethereum Price Predictions
- First up is CoinCodex, which has low and high projections for ETH in 2025 of $ 2,544.77 and $ 6,510.70.
- Changelly Blog comes next, with an average 2024 price estimate of $3,404.19.
- VanEck has joined this list with an Ethereum price estimate of $11,849 for 2030.
- Binance concludes our discussion with its forecasted token price of $2,651.93 in 2024.
As of Thursday morning, Ethereum is trading for $2,629.93, so that puts those price projections into context. Investors should also be aware that, as of this writing, ETH has increased by 81.0% over the previous 24 hours of trade.
Readers who are interested in more trending market stories should go on!
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You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
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Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
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