Ether inches closer to all-time highs as several bullish indicators align to support a rally into price discovery in the coming days.
The ballooning US deficit may lead to an increase in the money supply through quantitative easing, lining up a $132,000 Bitcoin price top in 2025.
OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.
Ether's market value has typically reached up to 35% of Bitcoin's in past cycles, and could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.
Despite Ether finally edging back toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment.
Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit.
ETH open interest soared to a record high as Ether price rallied through $4,500. Is the rally sustainable?
Ether price action targets all-time highs amid excitement over BitMine's giant accumulation plan, shifting the focus away from rangebound Bitcoin.
Corporate Ether buying accelerates as BitMine and SharpLink raise billions, with ETH nearing record highs and institutions targeting a larger share of supply.
The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Cointelegraph.