[Crypto Gossip] QCP Capital recently expressed the view that the approval of the US spot Ethereum ETF may drive Ethereum up by up to 60% in the coming months. This prediction is based on the performance of Bitcoin prices after the Bitcoin ETF spot was approved in January this year. 😉
QCP Capital also further pointed out that the market is expected to explode, as the implied volatility on Friday exceeded 100%. Does this mean that we can expect a boom in the crypto market?
What do you think about this? Feel free to speak your mind in the comment area, let us discuss the future direction of the blockchain industry together!