Ethereum Breaks $3,000 for First Time in 2025 After Long Battle – $4,000 Next?
2025-07-11 06:47:01
Main Idea
Ethereum surpasses $3,000 for the first time in 2025 amid a broader cryptocurrency rally fueled by Bitcoin's all-time high and political endorsements.
Key Points
1. Ethereum breaks the $3,000 barrier, trading at $3,020.86, marking a significant recovery from earlier declines in 2025.
2. Bitcoin surges to a new all-time high above $118,400, with $1.14 billion in leveraged positions liquidated within 24 hours.
3. Former President Trump's endorsement of cryptocurrency, calling it 'through the roof,' triggers massive buying activity.
4. The Dollar Index falls 10.1% year-to-date, with Trump proposing a 300-basis-point interest rate cut, further fueling the crypto rally.
5. Technical analysis indicates Ethereum's bullish breakout, with projections targeting $3,600, $4,200, and $4,800, supported by Bitcoin's momentum.
Description
Ethereum has broken through the $3,000 barrier for the first time in 2025, currently trading at $3,020.86, marking a massive turnaround from its April low of $1,794. Source: Cryptonews The milestone comes as Bitcoin surges to new all-time highs above $118,400, creating perfect storm conditions for the second-largest cryptocurrency to begin its own parabolic advance. The breakthrough follows a grueling eight-month battle that saw Ethereum decline from January’s opening near $3,298 to its cycle lo...
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