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The Ethereum price surged 8% in the last 24 hours to trade at $2,681 as of 4.40 a.m. EST on trading volume that skyrocketed 115% to $27.17 billion.
The ETH price soared alongside Ethereum staking, which just reached a new all-time high (ATH) of 34.8 million ETH, exceeding the previous ATH seen in November 2024.
This highlights the commitment from long-term holders, particularly considering the circulating supply of the coin currently sits at 120.8 million. That means that 28.7% of the total supply was staked, boosting the network’s security.
Ethereum Price Prediction
As staking reached a new ATH, so did Ethereum’s price go up from $2,492 yesterday to $2,719 a few hours ago, effectively boosting its price by over $200 per coin. Since then, however, the token dipped below the resistance at $2.7k, and has been trading sideways, with only small fluctuations, sending its price up and down between $2,660 and $2,680.
The coin’s Bollinger bands, which saw a massive widening during the surge in the past day, have narrowed again, signaling a drop in activity. This could indicate that the price has settled for the time being.
The coin’s Relative Strength Index (RSI) value also reflects this. After going from the oversold zone yesterday morning to the value of 80 in the overbought area, and even slightly breaching it several times, the RSI has dropped to the neutral value of 50 over the last four hours.
Once there, it stabilized, seeing only small movements, just like the price itself. And, while the surge came at the time when staking hit an ATH, it is worth noting that a considerable contributor to the price movement was Bitcoin’s price surge, which pushed the coin up to $110k again.
Promising Alternative To Ethereum
With the ETH price stable for now, investors are turning to BTC Bull Token ($BTCBULL), which is vowing to give away Bitcoin to token holders. The project’s presale, which has a little less than 20 days left, has just surged past $7 million in funding.
The project calls itself Bitcoin’s official meme coin, and believes the BTC price will soar to $1 million and beyond.
Last chance to buy BTCBULL before launch! 🐂🧨
The countdown ends on June 30th. ⌛
Here’s what’s coming:
🔥 BTCBULL token burns
🪂 BTC airdrops at price milestones
🎁 BTCBULL airdrop when Bitcoin hits $250KJoin the herd: https://t.co/FQZXEzFwWu pic.twitter.com/aeUmLJcSOC
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025
Bitcoin airdrops start when the BTC price hits $150k for the first time, and will repeat for every $50k increase in the price thereafter. As such, it represents one of the cheapest and most efficient ways to obtain Bitcoin.
There will also be token burns that start at $125k and repeat for every subsequent $50k increase. Reducing the supply of BTCBULL will put upward pressure on its price.
99Bitcoins, an influential YouTube channel with over 723k subscribers, says BTCBULL has 10x growth potential after launch.
BTCBULL tokens are priced at 0.002555. If you’d like to be able to earn free Bitcoin, you have less than 20 days left to buy at presale prices.
Visit the BTCBULL website now.
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