Ethereum Price Prediction: Anticipating a $4K Target ETH as ETF Approvals Loom in 2024.

Ethereum price has recently witnessed a significant upswing, climbing by 8.5% in just 24 hours and registering a 15% increase over the past week. This surge has propelled ETH past the $2,500 mark, a level not seen since May 2022. The momentum came after the Bitcoin spot ETF approval, sparking investor speculation about the imminent approval of Ethereum’s spot ETFs.