Ethereum Price Prediction as CFTC Chief Behnam Again Calls ETH a Commodity – Can ETH Overtake Bitcoin?

The price of Ethereum has gained by 5.5% in the past 24 hours, on a day when the cryptocurrency market appears to have shaken off the jitters caused by the CFTC charging Binance with a variety of compliance violations.

is now up by 11% in the last 30 days and by 52% since the beginning of the year, with the coin helped by the news that CFTC Chairman Rostin Behman yesterday reaffirmed his view that it should be regarded as a commodity.


Shanghai will enable the withdrawal of staked ETH (including staking rewards), something which is likely to increase bullishness for ETH insofar as it completes the upgrading process begun with last September's Merge.

ETH remains a very strong cryptocurrency, given its positive momentum in recent weeks and its solid fundamentals.

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