Ethereum price has stalled this month as cryptocurrency investors remain on the sidelines, but some fundamental and technical catalysts may push it higher.Ethereum Ethereum
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Ethereum, the second-biggest cryptocurrency, was trading at $2,700 on Tuesday, a 35% drop from its highest level in November. This price is notable since it coincides with where it was trading on the same date in 2024.
A few catalysts may help to push Ethereum price higher in the coming months. First, data shows that spot Ethereum ETFs have continued having inflows from Wall Street investors. They have had daily inflows in 7 out of 10 days this month, with their total inflows since inception rising to $3.15 billion.