Ethereum is trading around 2,670 USD, positioning itself as a strong competitor to Bitcoin as BTC faces diminishing returns at over 2 trillion USD market cap, affecting its growth.
Institutional interest is significantly leaning towards Ethereum due to its attractive staking yields. The ETH/BTC trading pair indicates a positive trend, raising hopes for an altseason.
Recent developments, including a 425 million USD private investment from SharpLink Gaming, could help push ETH to 3,000 USD by June, reflecting growing institutional confidence.
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