VanEck increases ETH price target to $22,000 by 2030
2024-06-05 22:29:02
Investment management firm VanEck has announced an increase in its 2030 Ethereum (ETH) price target to $22,000. The move was influenced by Ethereum ETF news, scaling progress and on-chain data. VanEck is an asset management firm with a spot Bitcoin ETF and pending Ethereum ETF applications. Analysts predict that Ethereum will follow Bitcoin's path and rise to new all-time highs as the spot Ethereum ETF goes live.
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