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Ethereum (ETH) Plummets to $3,117 Amidst Market Volatility
In a recent report, the price of Ethereum (ETH), the world’s largest altcoin, has dropped significantly in the past seven days. The asset dipped to a low of $3,117 in market trading.
Meanwhile, it is worth noting that BlackRock’s Ethereum ETF market has outperformed other players. Data shows that the asset manager attracted a significant inflow of $43.9 million on December 24, taking its net assets to $3.65 billion.
Despite the downward trend, analysts remain optimistic about Ethereum’s rebound soon. According to an earlier U.Today report, there are predictions that if ETH could breach its $4,000 level, it can potentially push higher. In the long term, some experts have projected a price of $10,000.
Vitalik Buterin Makes Big Crypto Donation as ‘Adoptive Father’
In other news, Vitalik Buterin has made a significant donation to the crypto community.
Source: u.today
