How Will Ethereum Price React to Bitwise’s ETF Investors Staking $193M ETH?

Quick Summary:

Ethereum price hovers near $1,977 at press time on Thursday, March 20, trading in a tight range between $2,067 and $1,952.

With Bitwise introducing ETH ETF staking, traders are watching for a supply squeeze that could push ETH above key resistance at $2,100.

Will the upcoming move favor bulls?

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: India

Topics: Price Analysis Ethereum ETH price Ethereum Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 22:02:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 57 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 27202475

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Main Topics: Crypto

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