Ethereum ETFs saw record inflows of $307.05m on October 3, consolidating its upward trend and shooting up altcoin prices with it. It has brushed the $4,549 level, with many believing it could have a shot at $5,000 if momentum continues in the right direction.
And when Ethereum moves, everything else moves with it. Solana’s price prediction has turned bullish on the back of ETH’s breakout, with traders positioning for a broader altcoin lift.
But talk to anyone watching the order books, and you’ll hear the same thing. DeepSnitch AI, the AI crypto presale traders say could deliver 100x returns, is building momentum while the majors soak up ETF headlines.
Will ETH reach $5,000?
The crypto market in general is rallying, with many turning their attention to altcoins.
Therefore, there is the expectation that ETH prices could soar to $5,000 soon. After outflows in late September, institutional investors are coming back to ETH.
Uptober’s…
