Could Ethereum Price Reach $10,000 If ETH Becomes a National Reserve Asset?

Quick Summary:

Ethereum price has shot up 6% in the last few days, moving past $3,350 as Donald Trump’s executive order to build a national digital asset stockpile comes into effect.

This has raised hopes for a potential ETH inclusion in US national reserves thereby triggering hopes of a stronger rally to $10,000 and beyond.

Additionally, Ethereum price chart forms the right shoulder of a significant head-and-shoulders pattern.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Donald Trump Ethereum (ETH) Ethereum News 24/7 Cryptocurrency News Ethereum ETF World Liberty Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 08:33:52 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 656 words

Reading Time: 4 minutes read

Sentences: 46 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25396129

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 9 hours ago

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