0
0
News

ETH Surpasses $4,000

As Bitcoin breaks through the $100K barrier, ETH investors are hoping to hit ATHs soon.
0
0
Dec 6, 20241 min read

Ethereum's price has surged past $4,000, marking a significant milestone. This rally has garnered attention from both retail and institutional investors, signaling growing confidence in ETH's long-term value.

What’s the Scoop?

  • ETH hits $4,000, a notable increase in market momentum. This milestone has raised confidence and is fueling both buying pressure and bullish market outlooks.
  • Ethereum's ongoing upgrades and DeFi growth contribute to its positive price trajectory.

Bankless Take:

Ethereum’s breakout past $4,000 reflects a maturing ecosystem and investor optimism. The continued success of Ethereum, along with growth in defi, solidifies ETH’s position as a leading smart contract blockchain asset. This rally signals strong faith in Ethereum’s long-term potential, with institutional interest likely to drive even more bullish momentum. The $4,000 level is just the beginning, as Ethereum’s scalability upgrades and broader adoption continue to play out.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Account Light mode Log Out