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Can Ethereum Price Hit $4,000 as Global M2 Money Supply Soars and DXY Declines? Coingape 1 day ago

Can Ethereum Price Hit $4,000 as Global M2 Money Supply Soars and DXY Declines? 📈

Ethereum US Dollar Index Global M2 Money Supply

The article discusses the potential for Ethereum (ETH) to undergo a significant price rally, potentially reaching the $4,000 mark in the near future. This prediction is based on a combination of macroeconomic indicators and technical analysis.

A notable decline in the US Dollar Index (DXY) and the expansion of the Global M2 Money Supply are highlighted as key factors that could drive a rally in risk-on assets like Ethereum. The article suggests that these trends create a conducive environment for Ethereum's price to surge.

Source: coingape.com ↗

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