Can Ethereum (ETH) Claim $3,000 In March 2025?

The 2nd largest cryptocurrency, Ethereum (ETH), was seen making headlines. Sadly, the crushed down this wasn’t precise good. Prominent cryptocurrency speech Bybit was deed with a monolithic theft of $1.5 cardinal successful Ethereum. Amidst this hack, the terms of the altcoin was seen plummeting. February has been a challenging period for the plus arsenic it dipped beneath $3,000. The assemblage is hoping that ETH could witnesser a alteration successful inclination and determination beyond $3,000 successful March 2025.

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How Far Is Ethereum From The $3,000 Level?

Source; Watcher Guru

Ethereum recorded a monolithic dip of 17.77% passim the period of February. The plus went from trading astatine a precocious of $3,437.57 down to a debased of $2,159.28. At the clip of writing, ETH was priced astatine $2,700.54, pursuing a astir 4% driblet successful its terms implicit the past 24 hours.

Source: CoinMarketCap

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In bid to reclaim $3,000, Ethereum volition person to surge by implicit 11%. As the Bybit was seen closing the spread connected its hack losses, the plus could commencement recovery. Lookonchain stated connected February 24 that since the theft, the speech had received astir 446,870 ETH, valued astatine astir $1.23 billion, done loans, whale deposits, and ETH purchases.

Latest Update: Bybit has already afloat closed the ETH gap, caller audited POR study volition beryllium published precise soon to amusement that Bybit is again Back to 100% 1:1 connected lawsuit assets done merkle tree, Stay tuned. https://t.co/QLa1vOujM6

March Price Prediction

According to information from CoinCodex, Ethereum volition so reclaim the $3,000 mark. With a predicted alteration of 5.17% from existent rates, analysts expect that the terms of ETH volition summation successful March. The plus whitethorn mean astir $2,839.73, with a precocious of $3,440.79 and a debased of $2,277.10. In addition, the imaginable instrumentality connected concern stands astatine 27.43%.

Source: CoinCodex

Despite this imaginable emergence successful the coming month, ETH remains astatine a region from its all-time high. About 3 years ago, successful 2021, the largest altcoin deed an all-time precocious of $4,891.70. Currently, Ethereum is trading astir 45% beneath this mark.

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