Ethereum has surged nearly 58% quarter-to-date, poised to end three consecutive quarters of declines, currently trading at $2,510.
Ethereum has surged nearly 58% quarter-to-date, poised to end its first-ever three consecutive quarters of decline. Currently trading at $2,510, up 1.34% intraday, Ethereum has broken above its 200-day moving average and is testing the $2,566 resistance level. Despite retail sentiment remaining in bearish territory, Bitmine Immersion Technologies holds 5,929,198 ETH as of September 7, making it the largest corporate holder. Wall Street strategist Tom Lee predicts that Ethereum could see strong performance in Q4 if the CLARITY Act passes this year.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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