CandleFocus Key Reasons Behind Ethereum Price Delay for $4,000 Rally
2024-09-21
Author: Content Editor
The Ethereum price has recently experienced a 15.3% increase, rising from $2220 to $2550 in the span of two weeks. This growth is attributed to market speculation surrounding the U.S. Fed interest rate, which has reignited investor interest in risky assets such as cryptocurrencies. However, it remains to be seen whether this macroeconomic factor will be sufficient to propel the value of Ethereum beyond $4000.
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