Ethereum Set For 60% Rally Following ETF Approval, Says Expert: 'The Market Is Expecting Fireworks'
Ethereum Set For 60% Rally Following ETF Approval, Says Expert: 'The Market Is Expecting Fireworks'
The price of Ethereum (CRYPTO: ETH) could soar by 60% following the approval of the first-ever Ethereum spot exchange-traded funds by U.S. regulators, according to a leading crypto trading firm.
一家領先的加密交易公司表示，在美國監管機構批准首隻以太坊現貨交易所交易基金後，以太坊（CRYPTO：ETH）的價格可能飆升60％。
What Happened: The Securities and Exchange Commission has approved the first Ethereum spot ETFs in the U.S. This decision could lead to a significant surge in the value of the second-largest cryptocurrency, according to a post on Telegram from the crypto trading firm QCP Capital.
發生了什麼：根據加密交易公司QCP Capital在電報上發佈的一篇文章，美國證券交易委員會已經批准了美國首批以太坊現貨ETF，這一決定可能導致第二大加密貨幣的價值大幅上漲。
QCP Capital predicted a 60% increase in the value of Ethereum after the ETF approval. The news of the potential approval has already caused Ethereum's price to surge by nearly 20% since Monday.
QCP Capital預測，ETF批准後，以太坊的價值將增長60％。自週一以來，可能獲得批准的消息已經導致以太坊的價格上漲了近20％。
"With Friday implied volatility above 100%, the market is expecting fireworks," QCP wrote.
QCP寫道：“由於週五的引伸波幅超過100％，市場預計會有煙花爆發。”
QCP Capital also pointed out that the approval of Bitcoin (CRYPTO: BTC) ETFs in January led to a significant surge in Bitcoin's value. Since then, Bitcoin has reached an all-time high of over $73,000. This has also resulted in a substantial increase in Ethereum purchases, with CryptoQuant data showing an 85% rise in Ethereum taker buy volume since May 1.
QCP Capital還指出，比特幣（加密貨幣：BTC）ETF在1月份的批准導致比特幣的價值大幅上漲。從那時起，比特幣已達到超過73,000美元的歷史新高。這也導致以太坊購買量大幅增加，CryptoQuant的數據顯示，自5月1日以來，以太坊接受者的購買量增長了85％。
Why It Matters: The potential approval of Ethereum ETFs by the SEC could have a significant impact on the cryptocurrency market. The approval of Ethereum ETFs would open the door for mainstream investors to access the cryptocurrency, potentially leading to a surge in its value. This development could also affect other cryptocurrencies, such as Solana, which may find it harder to outperform Ethereum after the ETF approval.
爲何重要：美國證券交易委員會可能批准以太坊ETF可能會對加密貨幣市場產生重大影響。以太坊ETF的批准將爲主流投資者打開訪問該加密貨幣的大門，這可能會導致其價值飆升。這一發展還可能影響其他加密貨幣，例如Solana，在ETF批准後，Solana的表現可能會更難超過以太坊。
Moreover, the potential approval of Ethereum ETFs could have political implications. As Cathie Wood predicted, crypto could be a significant issue in the 2024 White House race. The approval of Ethereum ETFs could further solidify the importance of crypto in the political landscape.
此外，以太坊ETF的潛在批准可能會產生政治影響。正如凱西·伍德所預測的那樣，加密貨幣可能成爲2024年白宮競選中的一個重要問題。以太坊ETF的批准可能會進一步鞏固加密在政治格局中的重要性。
Additionally, the potential approval of Ethereum ETFs could bring back the "animal spirits" to the crypto market, as predicted by a crypto trader.
此外，正如加密交易者所預測的那樣，以太坊ETF的潛在批准可能會將 “動物精神” 帶回加密市場。
Price Action: Ether is trading at $3,672, down nearly 3% in the last 24 hours, however, the coin is up nearly 20% this week and 56.08% up year to date.
價格走勢：以太幣的交易價格爲3672美元，在過去24小時內下跌了近3％，但是，該代幣本週上漲了近20％，今年迄今上漲了56.08％。
Image Via Shutterstock
圖片來自 Shutterstock
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
這個故事是使用 Benzinga Neuro 創作的，由 Kaustubh Bagalkote 編輯