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Will eth hit 1000

Etherium market cap

Trade ethereum to US dollar – ETH/USD chart

Please note that the cryptocurrency market is very volatile so prices and market caps will not be the same at the time of reading this article. Will eth go back up Ethereum cleared the key $1,350 resistance zone against the US Dollar. ETH is rising and might climb further higher towards the $1,500 resistance zone.

Eth max price

In January, the NFT trading volume recorded a 38% growth from about $700 million in December 2022, according to another report by DappRadar. The current trading volume, $946 million, marks an all-time high since June 2022. NFT sales count also increased from 6.7 million in December to 9.2 million in January, reflecting a 42% growth. What is EMAX In the past, Ethereum has risen and fallen along with Bitcoin, as Bitcoin is still the bellwether when it comes to cryptocurrency. That being said, Ethereum has seen growth as explosive as Bitcoin has, but it also has seen prices plunge just as quickly. Another factor in price is new adoption on different networks that run on top of Ethereum. Because of this, Ethereum is often considered a “catchall” for crypto overall.

Eth max price

ETH Whale Activity

This bears repeating: As a user or holder of ETH or any other digital asset on Ethereum, as well as non-node-operating stakers, you do not need to do anything with your funds or wallet to account for The Merge. ETH is just ETH. There is no such thing as “old ETH”/”new ETH” or “ETH1″/”ETH2” and wallets work exactly the same after The Merge as they did before—people telling you otherwise are likely scammers. More from DataDrivenInvestor A final factor is the launch of ethereum futures trading on February 8. This means that traders will be able to speculate on what ether will be worth at a given date in the future for the first time – a hallmark of any mature financial asset. Some analysts have said the recent bitcoin rally has been fuelled by traditional investment firms, and the launch of ethereum futures is often touted as opening the doors for the same price action.

Buy or sell ethereum today

The misery of ETH holders has been compounded by reports suggesting the difficulty bomb has been kicked further down the road. On Friday, developers decided to disable the difficulty bomb from earlier in the month, and will deploy it again at a later date. According to the Bloomberg report, developers found some bugs with software for the merge on one of the oldest testnets of the network and thus decided to push back the bomb. When the difficulty bomb does drop, it should help clear out ETH mining operations as the network finally begins transition from transition of ETH from Proof of Work (PoW) to Proof of Stake (PoS). How We Make Money Price (MIN – MAX)