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Ethereum's price went down a bit to around $3,900. This happened after the Fed Chairman Powell said they might not lower interest rates again this year.
But here's the cool thing about Ethereum right now - institutions are holding more Ethereum than Bitcoin for the first time! They're holding 4.1% of all Ethereum out there. Plus, people are using Ethereum a lot - daily transactions and active users are at an all-time high.
Even though some Ethereum funds lost $81.44 million recently, experts think Ethereum could hit $8500.