Lately, there has been speculation surrounding whether the authorization of spot ETF applications for Bitcoin would lead to a surge in Ethereum as well. Despite this, Ethereum is currently trading at around $700 below its record peak of $4,091. MN Capital’s founder, Michael van de Poppe, remains optimistic about the ETH ecosystem and highlights the presence of a crucial support level within it. Stay updated on the latest tech news by visiting NEWSLINKER.
