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RE: LeoThread 2024-12-17 14:54

in LeoFinance9 days ago

Part 3/8:

ETH's journey through 2024 has epitomized volatility. Starting the year strong, Ethereum's price soared to approximately $4,100, buoyed by excitement surrounding new Bitcoin ETFs. Yet, this optimism quickly turned to despair as BTC reached a plateau around $60,000 to $70,000, causing ETH's value to plummet nearly 50%. Having entered 2024 at a price of $2,100, ETH recorded a low of about $2,111 in August, leading many investors to question their commitment to the asset.

Amidst this tailspin, however, ETH has managed quite the recovery. By the time of writing, it has wrestled its way back above $4,000, a sign that the altcoin is still in the game. With BTC reaching unprecedented heights and ETH lagging behind, expectations are building for a powerful resurgence.