What’s Behind Ethereum’s Massive Price Gains
Ethereum (ETH) has gained almost 30% this week, taking it close to its May all-time high of over $4,360. Today it broke the $4,000 barrier for the first time in three months, and many analysts were optimistic that the price could increase even further.
There are several factors driving Ethereum’s growth, from a surge in demand for non-fungible tokens (NFTs) to an overall rally in cryptocurrency prices. Let’s look at some of the reasons in more detail.
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