Bitwise: Ethereum may break $10,000 this year

BlockBeats news, on March 8, Juan Leon, a crypto analyst at asset management company Bitwise, said that Ethereum has been "largely overshadowed by Bitcoin" in the past few months, but its price in 2024 should be at least will double. Leon said: Ethereum is likely to exceed $8,000 or $10,000 this year, or even higher. He pointed out that the Bitcoin ETF has gotten all the attention, but there will be more benefits for ETH next. This month’s Dencun upgrade will reduce transaction fees on the L2 network, which will enhance network activity and even attract mainstream public interest in Ethereum. need. He added that most positive sentiment will emerge in the weeks and months following the upgrade.