ETH Demand Boom Could Trigger $10K Rally

Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub

Ethereum has been on a tear recently, and its price will continue to rise due to a demand shock, according to industry experts.

After trading steadily downward for the first four months of the year, Ethereum has rebounded strongly and is currently up more than 65% over the last 30 days.

The reason for this rip is “overwhelming demand” from exchange-traded products and corporate treasuries, said Bitwise chief investment officer Matt Hougan on X on Wednesday.

The executive compared Ethereum to Bitcoin, which, for the past 18 months, has been driven ever-upwards because ETPs and corporate treasuries “have been buying more than 100% of all the new Bitcoin being produced.”

Ethereum Supply and Demand
Until recently, Ethereum had not benefited from the same trend as Ether ETFs launched in July 2024, which did not perform as well, seeing just $2.5 billion in inflows until mid-May. However, this all changed recently with spot ETH ETFs hoovering up the asset at unprecedented levels.

We are committed to delivering the highest quality signals to the trading community.

Trading on #Binance is highly lucrative, and traders worldwide recognize its potential.

Join our Binance Group to be part of the top Binance Trading community, just like numerous other traders.

Come and join our Binance Group and profit with the Binance Futures BOT.

Comments

Post a Comment

Popular posts from this blog

Low DOGE Social Chatter Signals a Potential Opportunity

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment. A decline in social media posts and overall sentiment around Dogecoin could signal a buying opportunity for traders, according to crypto analysis firm Santiment. “Crowd sentiment has been near its lowest point over the past year,” Santiment said in a Jan. 9 report. The analysis firm gave Dogecoin a “bearish” crowd sentiment rating of 1 out of 5, which is significantly lower than the 4 out of 5 ratings for XRP and Solana. 120% Profit on #GAS/USDT Cornix trading Bots are performing very well...
Read more

BTC Price Rally Pushes Dominance to 4-Year Top

Image
Explore the provided link to ensure a consistent profit in Binance futures trading:  https://telegram.me/binancefuturesignal. Crypto markets are showing resilience as the US currency and its stock markets continue to weaken, but there is only one performer.  Bitcoin has continued its upward march this week, tapping a six-week high of $88,900 during Tuesday morning trading in Asia. It is the highest the asset has been since March 7, according to CoinGecko, and represents a gain of 18% since its 2025 low of $75,000 earlier this month. Bitcoin continues to show signs of decoupling from the broader financial market, which is “massively bullish,” said Satoshi Action Fund founder Dennis Porter. US stock markets have started the week in the red with daily losses of around 2.5% on the three major indexes, the S&P 500, Nasdaq, and Dow Jones. President Donald Trump and Federal Reserve chair Jerome Powell continued to face off, with the central banker being labelled a “major loser” b...
Read more

$46K Support Level is a Make or Break Moment for Bitcoin

Image
Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading – https://telegram.me/freebitmexsignals Download our free app and receive signals on your mobile - https://play.google.com/store/apps/details?id=com.signalBroadcaster.FreeProfitableSignals BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors. Bitcoin is at a “make-or-break moment” as it faces a duel with crucial support, new research warns. In its latest monthly report, US investment management firm ARK Invest said key BTC price levels are now $52,000 and $46,000. 85% Profit on #REEF/USDT for our members on Futures/Bybit/OKX/KuCoin We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 5 years of experience. Binance.com is making cryptocurrency trading accessible to everyone, anywhere in the world. Spot-markets for Bitcoin...
Read more