AiCoin|12月 03, 2025 12:04
[ETH Returns to $3,000, Market Holds Optimistic Expectations for Fusaka Upgrade]
The price of ETH has returned to the $3,000 mark, with market analysts attributing this to optimistic expectations surrounding the upcoming Fusaka upgrade. Meanwhile, major altcoins like SOL and BNB have generally risen, pushing the total cryptocurrency market capitalization to approximately $3.2 trillion. BRN's Head of Research, Timothy Misir, pointed out that part of this rally is due to a significant short squeeze above $93,000 in BTC, which triggered a wave of forced buying. Additionally, the U.S. Bitcoin spot ETF has recorded positive inflows for the fifth consecutive day, with the latest net inflow amounting to approximately $58.5 million.
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