Ethereum Market Cap Soars 12%, Aiming for $2,000 Milestone

Ethereum’s market capitalization has witnessed a significant surge of 12% in the past 24 hours, indicating its strong price performance. According to IntoTheBlock, this surge is driving Ethereum closer to the coveted $2,000 mark. The crypto analytics provider shared their optimistic outlook on social media platforms. Ethereum’s potential for further growth remains a topic of interest as it navigates near-term resistance levels. Key sell walls at around $1,860 currently pose an obstacle to price increases. 12% market cap increase highlights the strength of Ethereum and its robust price trajectory.