Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
- Date: 04-May-2021
- Source: Dubai Chronicle
- Sector:Technology
- Country:Middle East
Ethereum Expected to Break $5,000 and Hit Fresh All-time Highs
The Ethereum price is likely to hit $5,000 over the next seven days as the cryptocurrency reaches new all-time highs, predicts the CEO of one of the world’s largest financial advisory and fintech organisations.
The bullish prediction from Nigel Green, chief executive and founder of deVere Group, comes as Ether, the token transacted on the Ethereum blockchain, and the world’s second largest cryptocurrency after Bitcoin smashed past $3,000 on Monday for the first time.
Mr Green says: “Ether is up more than 300% for the year so far, which is far greater than the 95% jump in the headline-grabbing Bitcoin.