Why is Ether (ETH) price up today?

[aiviaa485]

developments like network upgrades.

To be able to increase the price of Ethereum is to increase it by developing the network.
As far as I know, the network that is being adopted is the Ethereum L2 network which continues to be developed by Arbitrum and Optimism.
The interest in future trading also has an influence on Ethereum because I often see traders who get liquid from Ethereum trading and I think this is crazy, their capital is not small and that is very scary.

[Sim_card]

The demand for Ethereum has always been high and I hope that it will remain so in the future. Significant growth of the entire cryptocurrency will likely occur next year after the Bitcoin halving. It will be a very exciting spectacle.

Bitcoin is the superior of all cryptocurrency and altcoins prices are being controlled by bitcoin. It is bitcoin price movement that will determine if Ether will pump or dump, in the sense that if bitcoin price pumps, will we also see ether price pump and vice versa. I don't think that there is any other factor that controls ether price apart from this. After the halving this year, when bitcoin price will be high, ether price too will be high. There is more demand for bitcoin than ether and we all know this, if SEC approve bitcoin ETF, ether investors will also benefit from it because as bitcoin price rises significantly, ether price will also pump but I don't know how high it will pump whether significantly or insignificantly.

[NikeFit_7777]

Since the author's post has already made quite a good income (Who bought and/or held for the long term) If indeed bitcoin will pass the mark of 50 thousand (which I do not strongly believe), ether from the current price of 2300 dollars will show at least +5-10%. But I believe that someday ethereum will overtake bitcoin in capitalization = will become the 1st place of all cryptocurrencies.

P.S. I am not forcing anyone to buy any asset. Take risks with funds you don't hate to lose" Buy only what you believe in.

[Muneeb22]

When the big whales are going to invest in this market and a specific coin at that time the coin will go high and touches the sky. Crypto market is the world best and great market and soon the ETH will touches the $10,000 at that time the big ETH holders will earn good profit.

[Power420]

Ethereum's native token, Ether
ETC, is up today, mirroring gains elsewhere in the cryptocurrency market as investors go bullish on a potential spot Bitcoin ETF approval in the U.S.

On Oct. 25, ETH's price stabilized around $1,800, a psychological resistance level, after rallying nearly 9% this week. The cryptocurrency's upside moves accompanied a rise in daily trading volumes, indicating strong interest in Ether from buyers.



What's your opinion about (ETH) price up today?

The price of Ethereum coin has seen a constant upward trend for several months. 2023 high Ethereum coin price reached $2717. And a few months ago the price of Ethereum coin had a very low momentum but since then has made a huge upward move. Invested in Ethereum coins, holding for 2 years. I would basically sell the holding at $6-7k.

[IvugeoEvolutionCoin]

The price of Ethereum coin has seen a constant upward trend for several months. 2023 high Ethereum coin price reached $2717. And a few months ago the price of Ethereum coin had a very low momentum but since then has made a huge upward move. Invested in Ethereum coins, holding for 2 years. I would basically sell the holding at $6-7k.

Ethereum still has the opportunity to increase its price, what you need to do is just hold on and wait until the price rises and pray that the founder of Ethereum has a long life because, as far as I know, the development of the price of Ethereum depends on what the founder of Ethereum will do, so it remains Be careful when holding assets in the form of Ethereum because too much supply will also pose a very high risk when holding Ethereum for too long.

[babo]

in recent days its dominance has grown significantly
how the values of OP and ARB have grown, which are Optimism and Arbitrium respectively
I believe that the whole ETH circus will rise significantly further
I have already explained the reasons, everyone bets on ETH ETFs

[IvugeoEvolutionCoin]

~
in recent days its dominance has grown significantly
how the values of OP and ARB have grown, which are Optimism and Arbitrium respectively
I believe that the whole ETH circus will rise significantly further
I have already explained the reasons, everyone bets on ETH ETFs

ETFs have a good impact on everyone who has assets in the form of cryptocurrency because many of them have succeeded in making a profit from the increase in cryptocurrency prices. With ETFs, many people will become more familiar with cryptocurrencies and of course it will be easier to trade in cryptocurrencies.

[masudginanjar]

P.S. I am not forcing anyone to buy any asset. Take risks with funds you don't hate to lose" Buy only what you believe in.

This statement is exactly what I do when I am around in my environment at home.
I always advise those who don't know cryptocurrency to avoid it gracefully because it is dangerous.
Cryptocurrency is dangerous, in one day you can make a 100% profit and in one day you can also lose 100%.
Including Ethereum coins, if you feel that the price has risen today and OP is very happy to see this moment, but don't expect more because tomorrow Ethereum's price will fall again.
Factors like this are used to increase and decrease the price of Ethereum, including various recent news, whether it is bad news or good news,like as ETF for Ethereum or nothing at all from media online.

[DAMKAR]

~
in recent days its dominance has grown significantly
how the values of OP and ARB have grown, which are Optimism and Arbitrium respectively
I believe that the whole ETH circus will rise significantly further
I have already explained the reasons, everyone bets on ETH ETFs

ETFs have a good impact on everyone who has assets in the form of cryptocurrency because many of them have succeeded in making a profit from the increase in cryptocurrency prices. With ETFs, many people will become more familiar with cryptocurrencies and of course it will be easier to trade in cryptocurrencies.

ETF is a good thing, But why after ETF approved, bitcoin price down.
Many people confused, It's not logic.
People will more familiar in bitcoin  and other coins because ETFs, I don't agree with this.
Because many people also didn't know what is ETF.

Talking about OP that asked why ETH price up today, I think If bitcoin goes up, Ethereum will follow it.

[babo]

There has been a significant increase in changes from what was previously said in October at a price of $1,8K,  now it has reached a price of $2,2K. Of course, this is good news. So what you say is true is that there is indeed interest in ethereum, even though it has been known for a long time that ethereum is still an attractive investment and is still held by investors to this day. because everyone knows that ethereum will have the same maximum achievements as bitcoin, because ethereum is the second-best coin after bitcoin. So it's time to continue to be able to buy and hold ethereum as much as possible because it will always provide positive things for its holders.

Ethereum will do its ath, and the crazy thing is that its second layers will surely also do ath, obviously I'm referring to the most famous:
- Optimism
- Arbitrium
January is a month full of technical events, so be careful, in my opinion the moment of accumulation is now

[NikeFit_7777]

This statement is exactly what I do when I am around in my environment at home.
I always advise those who don't know cryptocurrency to avoid it gracefully because it is dangerous.
Cryptocurrency is dangerous, in one day you can make a 100% profit and in one day you can also lose 100%.
Including Ethereum coins, if you feel that the price has risen today and OP is very happy to see this moment, but don't expect more because tomorrow Ethereum's price will fall again.
Factors like this are used to increase and decrease the price of Ethereum, including various recent news, whether it is bad news or good news,like as ETF for Ethereum or nothing at all from media online.

Financial advice in theory is dangerous to give to anyone. Everyone should make decisions exclusively on their own - there is no other way, ETH is no exception.

If we do see ETF adoption (it will be fun on the chart) - or we will be manipulated again. And it's to their advantage. The adoption of ETF-BTC is a complete confirmation of how one campaign can do anything.

P.S. Inflows into ETH-focused crypto products = is +$25.7 million Below, some interesting stats in the picture.

[lepbagong]

Ethereum will do its ath, and the crazy thing is that its second layers will surely also do ath, obviously I'm referring to the most famous:
- Optimism
- Arbitrium
January is a month full of technical events, so be careful, in my opinion the moment of accumulation is now

no one can escape what ethereum is doing, because it is still the best altcoin to date and no one has been able to get close or pass it and the most important thing is that there are still many who invest in it, because it never disappoints those who hold it, always gives maximum profit.
It's quite interesting what you said about the second layer, especially for optimism, where in the middle of last year it was corrected but at the end of the year it increased 3x and of course this also really needs to be paid attention to because of the potential to provide profits in time.
When we enter the halving era, there could be a correction again before it increases again, so it is appropriate to remain careful.

[Papusha20]

Ethereum's native token, Ether
ETC, is up today, mirroring gains elsewhere in the cryptocurrency market as investors go bullish on a potential spot Bitcoin ETF approval in the U.S.

On Oct. 25, ETH's price stabilized around $1,800, a psychological resistance level, after rallying nearly 9% this week. The cryptocurrency's upside moves accompanied a rise in daily trading volumes, indicating strong interest in Ether from buyers.



What's your opinion about (ETH) price up today?

Since the launch of the Bitcoin ETF, the price of Bitcoin has seen a massive upswing.  Ethereum is one of all ATH Took net price increases due to Bitcoin's price improvement. Currently the price of Ethereum coin is $2411, in January 2024 the price of Ethereum coin was up to $2700.
Currently, the reason for the increase in the price of Altcoins, including Bitcoin, in the pre-halving period is due to the wind of Bitcoin ETF approval. At present though the market is in a downtrend so now is the right time to invest.

[babo]

In the case of Ethereum I must say that it is the case to always invest, many banking companies are very attracted by the centralized system of Ethereum and by smart contracts
It is no coincidence that Buterin is going around shaking hands and making important friends, this is reality