Ethereum Trades at $2,504.78

Edited by: Yuliya Shumai

Ethereum (ETH) is trading at $2,504.78. This reflects a slight increase of 0.397% from the previous close. The day's trading saw a high of $2,528.00 and a low of $2,478.61.

Despite the approval of Ethereum ETFs in 2024, which analysts predicted could lead to a price of $8,000 by the end of 2024 and $14,000 by the end of 2025, the price remains below $3,000 as of mid-2025. Uncertainties regarding its classification as a security or commodity have complicated the approval process for staked ether ETFs.

Looking ahead, Standard Chartered Bank forecasts that ether could reach $14,000 by the end of 2025. PricePredictions.com anticipates a new all-time high of $9,865.81 in December 2025. These forecasts are speculative and subject to market volatility.

Sources

  • NewsBTC

  • Financial Times

  • Reuters

  • CoinMarketCap

  • PricePredictions.com

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