Ethereum (ETH) Predicted To Hit A New Peak Of $6,000
Ethereum (ETH) faced a significant price correction earlier this month, falling from above $2600 to around the mid-$2400 levels. The correction follows a general market dip followed by Iran’s attack on Israel. The second-largest crypto project by market cap has struggled to gain traction this year, failing to reclaim the $3,000 level, which it lost in early August. While ETH is among the most popular and successful crypto projects, the asset has not performed as investors hoped. The launch of a spot ETH ETF (Exchange Traded Fund) in the US did not yield the same results as the spot Bitcoin (BTC) ETFs earlier this year. Despite the lackluster performance, ETH could soon be gearing up for a big rally. Also Read: Crypto Chaos: Turkey’s Discord Ban Shakes Investor Confidence Will ETH Hit New All-time High Soon? Source: Watcher.Guru ETH is currently down by about 50% from its all-time high of $4,878.26. The asset hit this figure in November 2021, almost three years ago. According to cr...