Bitcoin News Today: Tesla’s 11,509 BTC Holdings Earn $80 Million Profit Amid Crypto Market Rebound
Ethereum’s price stands at $3,976, up 3.63%. A breakout above $4,200 could lead to a rally toward $4,450-$4,600, while a slide below $3,750 could take the price toward $3,600-$3,650.
According to market experts, the factors behind this are the increasing use of Layer-2 solutions and growth in staking, with being the main player in the DeFi and NFT sectors.
Despite short-term consolidation, Ethereum’s long-term fundamentals are strong, reflected by constant developer activity and institutional interest.
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