Amidst Breaish Market, British Banking Giant Predicts Ethereum Price to Hit $26k

Amidst Breaish Market, British Banking Giant Predicts Ethereum Price to Hit $26k

The post Amidst Breaish Market, British Banking Giant Predicts Ethereum Price to Hit $26k appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

In a recent report, Standard Chartered predicted that Ethereum’s (ETH) price would rise to $26,000-$35,000 as the altcoin’s market capitalization will eventually catch up to Bitcoin’s. Depending on the deflationary impact of Ethereum’s EIP-1559 update, a $35,000 ETH might give it a market cap of around $4 trillion.  The bank notes that the estimate is …