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ETH/BTC Price Prediction: Will ETH Price Hit $10,000 On BlackRock Ethereum ETF?

ETH/BTC Price Prediction: Can ETH Reach $10,000 With the Potential Launch of BlackRock’s Ethereum ETF?

Ethereum’s price has been going through a phase of consolidation over the past few weeks as investors eagerly anticipate the approval of an S-1 application. Currently valued at $3,787, Ethereum has seen a modest increase of 0.6% in the last 24 hours. Meanwhile, Bitcoin has surged past $70,000 once again, breaking free from a month-long trend of staying below this crucial level. As Bitcoin continues to make strides towards surpassing its all-time high, the market wonders if the launch of BlackRock’s Ethereum ETF could propel Ethereum’s price to reach $10,000 in the near future.