What Is Ethereum's Price Prediction for 2024?
Secondary to Bitcoin by market cap, Ethereum has been neck and neck with Bitcoin over the last year across major inflection points. Over one year, however, Ethereum lags behind Bitcoin at 31.6% vs 85.8% gains respectively. The potential for Ethereum ETFs buoyed the cryptocurrency but its gains have been wiped, leaving it trailing behind Bitcoin at 5.9% vs 51.9% respectively, year-to date.
Despite the price slump of both cryptocurrencies in late July, much is expected from Ethereum ETFs, based on the wildly successful launch of Bitcoin ETFs. Considering these and other factors, what price range can ETH holders expect in the near to medium future?
