Ethereum’s price surge to $2,520 during Monday’s U.S. trading session provided a brief respite for investors. However, experts warn that a looming death cross in 2024 may push the cryptocurrency’s value down to $2,000. While major altcoins initially benefited from this bullish momentum, the reversal hasn’t gained significant traction, indicating an extended decline for ETH in the near future.
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Ethereum Price Crash to $2,000 Looms Amid 2024’s First Death Cross
By
Eleanor Ashworth — Editor-in-Chief
About the author · Editor-in-Chief
Eleanor Ashworth
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.