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Ethereum Price Likely to Revisit $4,000 As Bitcoin Dominance Crashes 6%

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Summary
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61% Informative

Bitcoin Dominance crashed 6% in 11 days , indicating capital is migrating to rest of the crypto market.

Bitcoin dominance has seen the start of an alt-season phase in which Ethereum price gains tend to go parabolic.

ETH bounced off the $ 2,500 level on Wednesday and shows signs of continuing this bull reversal attempt while altcoins undergo correction.

Goldman Sachs acquired $100 million worth of ETH ETFs split between BlackRock and Fidelity , upping its holdings to $600 million .

ETH 's value up 1.33% today , potentially to $ 3,000 and $ 4,000 .

VR Score

39

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24

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38

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English

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37

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