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Analyst Predicts Ethereum ETF to Trigger Major ETH Market Moves

source-logo  coingape.com 19 May 2024 19:53, UTC

Cryptocurrency analyst Michael van de Poppe predicts Ethereum is nearing its lowest point, with the upcoming Ethereum ETF news potentially triggering significant market moves. Van de Poppe’s analysis suggests a classic “Sell the rumor, buy the news” scenario, leading to substantial price fluctuations. Ethereum current price stands at $3,122.79, reflecting a 1.02% increase in the past 24 hours. It has a market capitalization of approximately $375.1 billion.

coingape.com