Michaël van de Poppe notes speculation that Ethereum’s bullish momentum follows a resemblance to the 2019 cycle, with the ETH-BTC ratio reaching 0.017 and recovering to 0.034 as of now, indicating possible future gains.
Investor confidence in Ethereum is buoyed by a strong stablecoin market, surpassing 163.9 billion USD, and a corresponding increase in development and tokenized assets on its network, suggesting potential upside in Ethereum’s price.
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