What’s Next for Ethereum Price? Will the ETH Price Mark A New ATH in June 2025?

Date:

Share post:

BNB Chain

The post What’s Next for Ethereum Price? Will the ETH Price Mark A New ATH in June 2025? appeared first on Coinpedia Fintech News

The crypto markets are heading towards yet another monthly close, which usually generates huge volatility. Although the Bitcoin trading volume has dropped to some extent, the investors continue to remain optimistic about the upcoming action. As a result, the BTC price is primed to maintain a continued ascending trend and eventually reclaim its levels within the discovery phase in a short while from now. On the other hand, Ethereum’s price continues to struggle around $2500, which raises concerns over its probability of forming new highs by the end of Q2 or during the second half of 2025. 

In a recent update, Strategy has announced a fresh Bitcoin acquisition of over 4000 BTC, holding nearly 580,250 BTC in total. With this, the investors could have become somewhat sure of the next BTC bullish wave. After the latest move, it was pretty sure that the bulls were relaxing ahead of the next price action, but the question is why the Ethereum price is failing to catch up to the trend. The second-largest token is away from its ATH by more than 47%  in times when the BTC price has smashed new highs. 

With this huge disparity between the top two tokens, will the markets be able to revive a strong bullish momentum as they did in 2021? 

ethereum price

The above comparison chart of Bitcoin and ETH/USD & ETH/BTC shows the ETH price has lost its track. Both the ETH pairs are going hand in hand, suggesting the token is failing weakly against the USD as well as BTC. As the correlation between the top two tokens has dropped significantly since the start of the year, the rise in the BTC price has not been impacting the ETH price rally. Hence, a strong Ethereum bull run may begin once the ETH/BTC triggers a strong rebound and rises above 0.055 BTC. 

In 2021, the ETH price rallied along with BTC, and they both reached a new ATH at almost the same time, which triggered a strong Altseason. Meanwhile, the current scenario suggests the ETH bulls do not appear to be quite sure of the upcoming trend. As a result, the price has been facing equal pressure from both sides for the past couple of weeks. The ETH price is yet to rise within the bullish range, which is above $2800, and until then, the token could remain within a consolidated zone. 

Leave a reply

Please enter your comment!
Please enter your name here

spot_img

Related articles

David Beckham-Backed Healthcare Company Invests in Bitcoin

Prenetics, a US-based healthcare firm backed by football star David Beckham, is the newest corporate Bitcoin holder with...

The Telegram Collectibles Boom Is Web3 Gaming’s Next Big Play

Back in 2008, Facebook changed the gaming industry overnight. Games like FarmVille and Mafia Wars went from zero...

Who Are Gonjeshke Darande? The Hackers Behind Iran’s Largest Crypto Heist

The Israel-Iran war moved on-chain this week, after a pro-Israeli hacker group called Gonjeshke Darande exploited Iran’s largest...

Will Crypto Have a Place in Elon Musk’s X Super App?

X (formerly Twitter) is reportedly trying to become a “super app,” with integrated financial services that may or...