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Can Ethereum Reach $5,000?


As equity markets benefit from a bounce-back year in 2023, so too has the crypto market. 

Ethereum (CRYPTO: ETH) has climbed almost 30% this year, after it dropped 68% in 2022. But with it still being down significantly from its peak, some enthusiasts are hoping for huge returns in the years ahead. 

As of this writing, Ethereum's price is sitting at about $1,500. For it to reach the $5,000 mark, that would translate to a gain of about 230%. Is this even a possible scenario? Let's take a closer look at this top digital asset. 

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Source Fool.com

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