Ethereum Nears $5,000: Crypto Prices Surge Amidst Bullish Market Sentiment

Ethereum (ETH) prices are breaking new records, reaching a peak of $4,937 and closing in on the long-awaited $5,000 mark. This surge comes as analysts anticipate continued upward movement for cryptocurrencies this week. Experts attribute the bullish sentiment to growing DeFi applications and increased investment from institutional players. While Bitcoin (BTC) remains relatively stable, ETH has been experiencing strong momentum, further fueling optimism in the altcoin market. 10 hours ago, TheoTrader noted a significant buy signal on the ETHBTC chart.