Ethereum has broken through the $4,000 price barrier in a significant rally, climbing more than 28% from recent lows near $3,280. The surge positions the cryptocurrency as an attractive long-term investment opportunity according to prominent crypto lawyer John E. Deaton.
Deaton highlighted Ethereum’s current price range below $5,000 presents a favorable risk-to-reward profile for investors. The breakthrough past $4,000 demonstrates strong bullish momentum across crypto markets, establishing potential paths for continued price appreciation.
The rally coincides with growing institutional interest and regulatory clarity supporting Ethereum’s ecosystem. Substantiating this momentum, Ethereum’s market capitalization recently surpassed that of financial giant Mastercard, reflecting accelerating accumulation and confidence in its market position.