Can Ethereum reach $100K?
Here’s the short answer: Yes, Ethereum can reach $100K. The reasons are digital bonds, tokenized real estate and securities, DEFI, NFT, institutional accumulation, and ETH 2.0. Ethereum might hit $100,000 when Bitcoin reaches 1.5 million, probably within the next decade. Let’s examine how, when, and why Ethereum can reach $100K.
How much is ethereum worth?
If Ethereum is worth 6.5% of one Bitcoin, and one Ethereum is worth $100K, we can calculate the needed Bitcoin price like this: Bitcoin price = $100 000 / 0.065 = $1,538,462. For Ethereum to reach $100K, we need to see a Bitcoin price of roughly $1,500,000.
Is Ethereum Classic peaking?
While Bitcoin, Ethereum, and Doge are three of the most popular cryptocurrencies as of the moment, there is another cryptocurrency slowly rising to fame. Ethereum Classic Peaking? For those that haven't heard, a cryptocurrency called Ethereum Classic, which takes after Ethereum, has just recently peaked.
Does Ethereum Classic have a hash rate?
Ethereum Classic’s hash rate has surpassed 64 terahashes per second (TH/s), having grown more than 40% in September ahead of The Merge. The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
