Ethereum Surges: The Rise to $5,000 Begins
2025-07-18 14:14:40
Main Idea
Ethereum (ETH) is experiencing a significant price surge, aiming for $5,000, driven by increased investments, ETF inflows, and the emergence of altcoin reserve companies.
Key Points
1. Ethereum's price has surpassed $3,520 and is targeting over $4,000, with strong momentum from the ETHBTC pair rising above 0.03BTC for the first time in 166 days.
2. Cryptocurrency miner Bit Digital Inc sold shares worth $67.3 million to acquire 19,683 ETH, boosting its Ethereum reserves to 120,306 ETH.
3. Ethereum ETFs saw significant net inflows, with $602 million recorded recently and $726 million the previous day, indicating strong investor interest.
4. The emergence of altcoin reserve companies for Ethereum, Solana, and Dogecoin reflects growing institutional interest in cryptocurrencies beyond Bitcoin.
5. Ethereum's ecosystem is benefiting from the rising size of stablecoins, contributing to its upward price trajectory.
Description
Institutional investors significantly contribute to Ethereum's price rise toward $5,000. ETHBTC pair's recovery boosts Ethereum’s prospects for future growth. Continue Reading: Ethereum Surges: The Rise to $5,000 Begins The post Ethereum Surges: The Rise to $5,000 Begins appeared first on COINTURK NEWS .
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