Monday, July 28, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Ethereum: Can ETH Hit $5000 In 2025?

Simon Osuji by Simon Osuji
December 31, 2024
in Business
0
Ethereum: Can ETH Hit $5000 In 2025?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Ethereum (ETH) has faced several ups and downs in 2024. The asset did not gain much traction for most of the year, even after the launch of spot ETH ETFs. ETH started to rally after Donald Trump emerged victorious in the US Presidential election in November 2024.

Related posts

China, Nigeria in diplomatic talks over abandoned miners in Chinese-owned mines

China, Nigeria in diplomatic talks over abandoned miners in Chinese-owned mines

July 27, 2025
Ghana secures first Paris Club debt deal from France

Ghana secures first Paris Club debt deal from France

July 27, 2025

Also Read: How Much is the Value of 14k Gold?

Ethereum’s Latest Price Movements

Ethereum tokens on table
Source: Unsplash

ETH has faced quite a correction over the last few weeks. The asset breached the $4000 mark earlier this month but has fallen below $3400. ETH’s price is down 1.9% in the daily charts, 2.1% in the weekly charts, 16.7% in the 14-day charts, and 9.6% over the previous month. Despite the dip, ETH has gained 46.2% since late December 2023.

Ethereum price chart CoinGecko
Source: CoinGecko

Why Is The Market Down?

Market crash scenes
Source: Watcher Guru

ETH’s current dip is likely due to Bitcoin (BTC) falling below $93,000. BTC’s descent has had negative repercussions for the entire market.

On the other hand, BTC’s dip is likely due to the Federal Reserve taking a hawkish stance on its monetary policy. Inflation in the US increased to 2.7%. The increase led the Fed to announce only two interest rate cuts in 2025 instead of three.

Also Read: Tesla Falls on 3rd Straight Day: Is TSLA Stock Still a Buy for 2025?

Can ETH Hit $5000 In 2025?

Hitting $5000 will be a new all-time high for ETH. The asset has to rally by nearly 50% to hit the $5000 mark.

ETH price prediction Telegaon
Source: Telegaon

According to Telegaon, ETH will hit a maximum price of $6589.17 in 2025. Hitting $6589.17 from current price levels will translate to a rally of about 97.36%.

price prediction
Source: Changelly

Also Read: Chainlink Eyes An All-Time High in 2025: How High Will LINK Go?

Changelly analysts are even more bullish on Ethereum (ETH). The platform anticipates the asset to hit a maximum price of $7194.28 in 2025. Hitting $7194.28 from current price levels will entail a rally of about 115.48%.

Source link

Previous Post

Safaricom Ethiopia boosts services and coverage

Next Post

Top 10 African countries with the worst infrastructure and least innovation

Next Post
Top 10 African countries with the worst infrastructure and least innovation

Top 10 African countries with the worst infrastructure and least innovation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

China central bank unexpectedly cuts rates as economy slumps

China central bank unexpectedly cuts rates as economy slumps

2 years ago
Researcher wants to ensure AI doesn’t ruin the environment

Researcher wants to ensure AI doesn’t ruin the environment

10 months ago
New AUKUS experiment shows how allies with autonomy will speed up naval operations

New AUKUS experiment shows how allies with autonomy will speed up naval operations

9 months ago
Glow Naturally: How HealthU is Redefining Beauty and Wellness

Glow Naturally: How HealthU is Redefining Beauty and Wellness

1 month ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.