CandleFocus Market Analyst Anticipates Ethereum Price Surge to $29,000 Once This Happens
2024-09-24
Author: Content Editor
The price of Ethereum experienced a significant rebound, reaching a 24-hour high of $2,687, as the overall market showed signs of recovery. This increase in price has attracted the attention of investors, leading to a rise in open exchange interests. Additionally, BlackRock CEO Larry Fink's shift in attitude towards Ethereum may also be driving investors towards the cryptocurrency. BlackRock, the world's largest asset manager with $9 trillion in assets under management (AuM), aims to tokenize $10 trillion worth of real-world assets on the Ethereum blockchain, indicating their intent to dominate the asset tokenization sector.
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