Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025.
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Nansen and Tron team up to take advantage of each other’s strengths to bolster their services.
The analyst’s predictions come shortly after Bitcoin staged the best weekly return since the 2023 US banking crisis.
The last time the Crypto Fear & Greed Index had a score of 80 was on April 9, just before Bitcoin saw an over 18% correction over the following three weeks.
Bitcoin price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.
By supporting Bitlayer, Nansen plans to build the foundation for deeper BTC L2 insights and more efficient decision-making.
Is SHIB price ready for a 90% price surge in early 2025? Technicals and chart fractals suggest that Shiba Inu is poised for a massive rally.
Trump’s election victory has inspired more optimism among crypto analysts, with some expecting Bitcoin to breach $100,000 before the end of 2024, boosting Ether’s price along the way.
More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.