Ethereum Approaches $5,000 Barrier as Bulls Fuel Strong Rally

Ethereum is experiencing a notable surge, pushing closer to the $5,000 mark. The rise comes amidst bullish sentiment in the cryptocurrency market, with experts attributing this growth to expanding DeFi applications and growing institutional interest. Analysts are optimistic about Ethereum’s future, anticipating a potential peak close to $9,000 due to its smaller market cap compared to Bitcoin.