Ethereum Surges Above $4,000 After 8 Months, Is $6,000 Next?

The post Ethereum Surges Above $4,000 After 8 Months, Is $6,000 Next? appeared first on Coinpedia Fintech News

Ethereum just crossed the $4,000 mark for the first time since last December, sparking excitement among investors and traders alike. Fueled by big whale buys, growing corporate adoption, and fresh institutional inflows, ETH is showing signs of a powerful comeback.

The second-largest cryptocurrency jumped 3.5% in the last 24 hours, is up over 8% in the past week, and has gained around 50% in the past month. Despite this impressive rally, Ethereum remains about 18% below its 2021 peak of $4,878.

Investor Ted Pillows highlighted how Eric Trump perfectly called the bottom for Ethereum by urging everyone to “Buy the dip.” This strong rebound highlights renewed confidence in Ethereum’s momentum and suggests the crypto could be gearing up for further gains.