Ethereum Price Hits $4k While the Green Bitcoin ICO Just Raised $3m

Ethereum has reclaimed the $4,000 level for the first time since December 2021, marking a significant milestone in its ongoing bull run.

The token’s momentum indicators, like the RSI and MACD, have been flashing bullish over the past week as buying pressure intensifies.in ETH volume has occurred on major exchanges in the past 24 hours – a staggering 82% spike from the previous day.over $24 million in liquidationsThe decisive break above $4,000 has also triggered a new wave of buying, with several pundits now eyeing $4,200 as the next upside target.

Scheduled to activate on March 13, Dencun will lay the groundwork for scaling Ethereum through proto-danksharding and better integrating layer-2 rollup solutions. DeFi, NFTs, gaming, and microtransactions will become more attractive on Ethereum after Dencun – which is leading to growing investor optimism about ETH’s price prospects.

This gamified model taps into the recent craze for real-money crypto prediction markets and Bitcoin’s inherent volatility.

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