5% from its previous high of $3,500, with the world's second-largest cryptocurrency struggling to break through the psychological $4,000 barrier. Ethereum's Struggle to Break $4,000 Despite the excitement surrounding the SEC's approval of Ether ETFs, the cryptocurrency has failed to rally past the $4,000 mark. This could be due to a combination of profit-taking by investors and a lack of significant new developments in the Ethereum ecosystem. However, analysts remain optimistic about Ethereum's long-term potential and believe that the recent dip in price could be a buying opportunity for investors. ETH ETFs: A Game Changer for the Crypto Market The SEC's decision to allow spot Ether ETFs to launch in the US is a major milestone for the cryptocurrency market. This means that investors will now have an easier and more regulated way to gain exposure to Ethereum, which could lead to increased adoption and demand for the cryptocurrency. It also signals a growing ...
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