Ethereum set for rally as it holds above vital $2.4 K cost: Analyst

INSUBCONTINENT EXCLUSIVE:
de Poppe added.Ether (ETH) is trading at $2,452 at the time of publication, down 7.45% over the past 30 days, according to CoinMarketCap
data.ETH hit $2,871 around two weeks ago, on June 11, before entering a downtrend a day later after Israel launched airstrikes on Iran that
tanked financial and crypto markets.Ether is down 27.60% over the past 12 months
Source: CoinMarketCapThe third quarter of each year has historically been the weakest for Ether, with an average return of only 0.88% since
The ETH/BTC ratio is 0.02275 at the time of publication, down 6.84% over the past month, according to TradingView.The ETH/BTC ratio is down
6.71% over the past month
Source: TradingViewInterest by large buyers of Ether has not gone unnoticed
ETH bulls grab it?On June 14, spot Ether ETFs posted a record 19-day streak of consecutive inflows.Altcoin season muted this time around,
added.Magazine: GENIUS Act reopens the door for a Meta stablecoin, but will it work?This article does not contain investment advice or
recommendations
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