Ethereum (ETH) Surpasses $4,000, is $6K a Target in 2025?
Ethereum (ETH) breached $4,000 on Friday for the first time since December 2024, sending investors bullish over Ether’s future forecasts. $4k is a challenging spot for ETH, as the asset is looking to set a new lower resistance at $3,900, and staying consistently around its current price is crucial to succeeding that. ETH’s latest rally comes amid a market-wide rebound. Bitcoin (BTC) has reclaimed the $116,000 price point. The global crypto market cap is also inching closer to the $4 trillion mark. The rally is likely due to President Trump allowing retirement funds to invest in crypto assets. Additionally, ETH’s rally is also likely fuelled by consistent ETF inflows. BlackRock and other financial institutions have bought substantial amounts of ETH over the last few months. Corporate treasuries are also hoarding up on ETH and BTC. According to CoinCodex ETH analysts, ETH is expected to continue rallying over the coming months. CoinCodex predicts ETH to hit a new all-time high of $6...