Ethereum price dropped but expected to rebound 65%, institutional confidence growing

From Cointelegraph

March 23, 2025 11:19:00 AM:

Ethereum’s Ether (ETH) has dropped 50% in the last three months, falling from $4,100 to around $1,750. However, a potential 65% rebound is expected by June, with the price possibly reaching $3,400. Institutional confidence in Ethereum is growing, with BlackRock’s BUIDL fund holding over $1 billion in ETH, up from $990 million. Addresses holding 1,000-10,000 ETH have increased by 5.65% since 2024, showing growing investor conviction.

Read more at Cointelegraph: Ethereum eyes 65% gains from ‘cycle bottom’ as BlackRock ETH stash crosses $1B