Market analysts predict a pivotal role for Ethereum in the 2024 crypto market rally, citing historical patterns and Ethereum’s recent surge.
Despite institutional traders maintaining a cautious stance, Ethereum’s bullish momentum is likely to continue, with the potential for a 22% price rally.
The world’s second-largest cryptocurrency Ethereum (ETH) has joined the bull market rally gaining nearly 10% earlier today and moving to $2,450 levels. Interestingly, this development comes as former US President Donald Trump reportedly sold some of his Ethereum stash.
Former President Donald Trump has a substantial connection with digital currencies, with Ethereum being a particularly favored asset. The current selling spree has been verified by crypto intelligence service provider Arkham Intelligence. Notably, Coinbase Exchange is identified as the brokerage through which the Ethereum holdings are being channeled for liquidation.
Arkham Intelligence reported that the process of transferri

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