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Ethereum prices have risen above the resistance level of $1850 against the US dollar.ETH prices are currently trading above $1850 and 55 simple moving averages (4 hours)

Reported by Reference News on April 26thAccording to Reuters London on April 24th, Standard Chartered Bank said on the 24th that by the end of 2024, the price of the top cryptocurrency Bitcoin may reach $100000, marking the end of the so-called "cryptowinter".Jeff Kendrick, Director of Digital Asset Research at Standard Chartered Bank, said in an investment briefing that Bitcoin may benefit from several factors, including the recent banking turmoil, the stabilization of risky assets brought about by the Federal Reserve's end to the rate hike cycle, and the increased profitability of cryptocurrency mining

Edited by: Bi LumingData shows that Bitcoin has risen by 40% this year, while Ethereum has risen by more than 30%.

On April 11th, the world's largest cryptocurrency by market value, Bitcoin, rose above $30000, reaching its highest price since June last year.Bitcoin's trend over the past 24 hours

Bitcoin rose above $30000 again, with a daily increase of nearly 6%. (Sina Finance)

According to cryptocurrency analysts' predictions, due to the "halving" mechanism limiting the supply of new tokens, the rebound in Bitcoin is only the beginning of a new round of upward trend, which will exceed $50000 next year.This largest digital asset has risen 67% since December 31st, partially recovering from the astonishing decline in 2022