Ethereum went up

054 bitcoin value

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xbt ethereum

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One of the primary reasons for the rise in the price of Ethereum is the surging popularity of DeFi (Decentralized Finance). Ethereum hosts a lot of DeFi. The price of ethereum soared to new all-time highs and reached a peak of $4, in November That was before rising interest rates. According to our average Ethereum price forecast, we expect the price of Ethereum to reach $6, in , a % increase on today's price of.

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Blueprint is an independent publisher and comparison service, not an investment advisor. Wayne Duggan is a regular contributor for Forbes Advisor and U. Bitcoin surges in biggest weekly rally in four months. She has served as a health and money editor at U. The potential approval of an Ethereum ETF and the increasing interest from major financial entities could provide a significant boost, positioning Ethereum favorably in the competition with other cryptocurrencies.