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Ethereum Price Prediction: Data Analysis Points to $4000 Breakout After 3% Increase Despite a devastating fall over the weekend, Ethereum price levels are expected to soar, with a breakout seen to $4,000 as more buyers are drawn to the cryptocurrency. Photo : Jack Taylor/Getty Images Ethereum might have borne the brunt of a castigating breakdown over the weekend, falling to a negative 14.3 percent premium. It is Ethereum s lowest since listing, as indicated by top crypto investment fund for the digital asset, Grayscale Ethereum Trust, per Coingape.com. This was attributed to Tesla CEO Elon Musk s announcement of discontinuing Bitcoin as a payment option for purchasing his company s products, as well as the Colonial Pipeline ransomware attack that shut down the nation s largest fuel pipeline with hackers paid nearly $5 million in untraceable cryptocurrency. These developments pulled down both Ethereum and the world s top cryptocurrency, Bitcoin, to record lows.

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