Amid the negative U.S. GDP record and high Fed rate, there seems to be a positive turning for some digital assets, especially Ethereum. For example, the global second largest cryptocurrency by market cap, Ethereum (ETH), is staging a solid bounce back.
Over the past few days, Ether has progressively increased as it surges to $1,774 in its market. This has created a new phase for the crypto assets with more growing impressive within the industry.
From the perspective of Raoul Pal, a crypto expert, Ethereum is likely to display continuous price growth across the $2,000 level. Also, its increase in value would create entry points for more investors in the token’s hedge funds, retails, and even institutional investments.
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The crypto expert’s presumption comes from the