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Ethereum: When Can ETH Reclaim Its Peak of $4878?

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Ethereum (ETH) has made slight gains in the last 24 hours, rallying 6.4% in the daily charts. The asset continues to trade negatively in the weekly, 14-day, and monthly charts, dipping 26.2%, 30.1%, and 18.2%, respectively. Source: CoinGecko Also Read: Ethereum ETFs Get Positive August Start Despite Grayscale’s $2B in Outflows ETH faced a significant correction in the last few days, following Bitcoin’s (BTC) brief dip to sub-$50,000 levels. The market-wide bloodbath was likely because of uncertainties around when the Federal Reserve would cut interest rates and increasing global geopolitical tensions. Along with cryptocurrencies, global stock markets also hit, with Japan and Taiwan experiencing their highest market losses in several decades. ethereum -reclaim-its-all-time-high-of-4878">When Will Ethereum Reclaim Its All-time High of $4878 ? Source: Investopedia ETH hit an all-time high of $4878 .26 on Nov. 10, 2021, over two years ago. The 2021 bull run was one for the history ...