Ethereum has experienced a dramatic surge in the past week, increasing by 20% to now trade just 26% below its all-time high.
U.S. spot Ethereum ETFs recorded record inflows, totaling nearly $727 million in a single day and roughly $2 billion since July 4.
Ethereum (ETH) has been on an impressive tear lately, gaining ground over the past two weeks. After kicking off July at around $2,400, ETH has surged to about $3,600, marking a 41% jump in just 14 days. That’s no small feat for the second-largest cryptocurrency, which now boasts a market cap of $435 billion.
This reflects the growing confidence in the crypto market, as Bitcoin (BTC) skyrocketed to $123,000.
According to crypto analyst Colin Talks Crypto, this could just be the beginning. In a recent post on X, he shared his prediction: Ethereum could reach between $15,000 and $20,000 in this cycle, representing a 3x to 4x gain from its previous all-time high of $4,800. He noted that such a move would align with ETH touchin
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