The price of Ethereum (ETH) in 2024 could vary significantly depending on market factors, technological developments, and regulatory decisions. Analysts suggest that Ethereum could reach values between $3,000 and $4,900 by the end of the year, depending on market conditions and events such as the approval of Ethereum ETFs in the US and the impact of the EIP-4844 upgrade, which promises scalability improvements and cost reductions on the network. Some more optimistic scenarios predict that Ethereum could test levels close to $7,000 if the cryptocurrency market experiences a significant surge in investor interest. On the other hand, unfavorable regulatory conditions or a bear market could limit growth or even cause pullbacks. [9†source] These predictions should be interpreted with caution, as the cryptocurrency market is highly volatile. Always consider risk management before investing.
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