Will Ethereum Hit $10,000? Crypto Experts Weigh In
Analysts talk about how the growing money supply could affect the price of ETH.
Ethereum’s price recently shot up to about $4,573, which is more than 100% since 2022. Now, experts are weighing in on the possibility of ETH reaching $10,000 because of this upward trend. The M2 money supply, which is now at an all-time high of about $22.2 trillion, is a major factor being looked at.
According to research done by XWIN Research, in the past, when the money supply went up, asset prices, including those of cryptocurrencies, went up as well. When liquidity rises, investors often look for assets that can give them better returns.
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