Ethereum Price Eyes Breakout as Larry Fink Predicts Dramatic Growth

Quick Summary:

However, market trader Peter Brandt believes that Ether’s price against the US dollar is on the cusp of a bullish breakout soon.

However, Justin Bons, the founder and CIO of Cyber Capital has issued a cautionary note to investors seeking to tap on Ethereum.

The fact that Ethereum’s Layer Two (L2) chains are significantly benefiting economically at the expense of the L1, Bons believes that the network is in deep trouble.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: News Ethereum Altcoins Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 05:15:34 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23067660

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