Analysts: Ethereum is preparing for a big jump up
Steno Research analysts believe that Ethereum is still undervalued and has a chance for significant growth. Just like in 2021, when ETH doubled its value against Bitcoin in a few months, this cryptocurrency is preparing for a new rise, which became especially noticeable after the US Federal Reserve cut interest rates.
Bitcoin exceeded $65 thousand — the highest level since the end of 2021
The record level of $68,999 was set in November 2021.
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