Ethereum Could Surge To $7,500 And Leave Bitcoin Behind, Banking Giant Says

TL;DR:

Standard Chartered has pushed its base-case price target for Ethereum to $7,500 by the end of the year, a big jump from an earlier $4,000 projection. Related Reading: Bitcoin’s New Power Buyers: Companies Bought 3 Times What Miners Produced According to the bank’s digital assets team, growing demand...

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.