Ethereum Soars Past $4,400 – Market Expert Sees Price Discovery Surge

Ethereum has achieved a significant milestone, surpassing the $4,400 mark and setting new highs. This surge comes amidst ongoing market volatility in the cryptocurrency space, with Bitcoin holding above $119,000 while other altcoins see fluctuations. Jelle, a leading market expert, believes Ethereum’s trajectory is key to further price discovery and possible breaks past the $5,000 mark. This phase of upward momentum is driven by factors like increasing DeFi applications and institutional investment.