BTC - Could Ethereum Hit a New All-Time-High of $5000 by the End of 2024?
2024-03-18 07:30:00 ET
Now that Bitcoin (CRYPTO: BTC) has hit a new all-time-high, could Ethereum (CRYPTO: ETH) be next?
Currently, Ethereum is trading at just under $4,000, within striking distance of its all-time-high of $4,891.70. Given that Ethereum is already up about 70% for the year, it wouldn't seem to require much for Ethereum to rise another 25% before the end of 2024.
And indeed, there are two potentially major catalysts in place this year. If Ethereum is going to soar to an all-time-high of $5,000, it's likely that both of these are going to be needed. Let's take a closer look.
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Could Ethereum Hit a New All-Time-High of $5,000 by the End of 2024?