Ethereum Price Set for Major Rally To $20K Amid Recent Developments?
January 25, 2025
- Ethereum has been down 1.85% monthly, lagging behind XRP and Solana, which surged over 25%.
- Trump’s World Liberty Financial bought 3,001 ETH, 95 WBTC for $20M.
- Ethereum ETF sees inflows increase, with only one outflow in eight sessions.
Ethereum’s (ETH) subtle downward movement within the cryptocurrency market delivers an opposing trajectory. This Ethereum price drop was opposite to XRP and Solana’s considerable gains.
However, analysts anticipate that there is room for some recovery. This optimism was driven after U.S. President Donald Trump announced recent policy changes affecting market behavior.
During the past month, the Ethereum price dropped 1.85%. During the same timeframe, XRP and Solana’s total value grew substantially beyond a 25% increase. On the other hand, Bitcoin experienced a minor decline.
ETH crypto has distinct market behavior from XRP and Solana. This directs attention to its market position and capability for market recovery.
Ethereum’s poor performance becomes more apparent when considering the dominant bullish trend in the altcoin market.
Market experts follow the slow growth pattern of the Ethereum price to identify its performance inhibitors. Furthermore, they are analyzing it to determine its capability to rebound.
Donald Trump’s efforts to support cryptocurrencies resulted in notable market developments, and the market demonstrated these movements. Recent strategic actions reveal Trump’s expansion strategy to increase the strength of U.S. crypto positions worldwide.
World Liberty Financial, a DeFi project associated with Trump, has made substantial investments in cryptocurrencies. It has purchased 3,001 ETH and 95 WBTC, valued at approximately $20 Million.
Furthermore, the company strongly believed in digital asset growth through an aggressive acquisition approach. This ambitious move initiated wider speculation among investors that the Ethereum price may experience rapid growth due to enhanced investor confidence.
Crypto analyst CrediBULL Crypto predicted that the Ethereum price will break through its present range. The token could reach a minimum threshold of $10,000 when it breaks out.
The combination of underlying prospects and market dynamics makes hitting $20,000 by the end of the current cycle appear plausible.
More so, Ethereum Exchange-Traded Funds have shown rising interest from investors. The Ethereum ETF attracted investor inflows throughout seven successive trading sessions except for one.
The persistent flow of investments into Ethereum resulted from market sentiment and investor demand. This happened despite Ethereum’s downward price movement.
Meanwhile, another analyst, Benjamin Cowen, offers a contrary view on the ETH/BTC trading pair. He suggested that many believe the Ethereum price underperformed. However, the potential for a market reversal could be on the horizon, especially with the ongoing market skepticism.
The Ethereum price has traded at $3,280.71, down 3.52% over the last 24 hours. The 24-hour trading volume has dropped 42.90% to $20.35 Billion. This reflected a potential decrease in market interest or volatility.
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of monetary loss.
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