#Ethereum could rise to $12,000.#

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Overview

Ethereum could reach $12,000 this year, according to a prediction by Dr. Sean Dawson, head of research at Derive. He believes that President Trump's first year in office and Ethereum's Pectra upgrade will drive the price of Ethereum higher. Additionally, increased adoption and ETF absorption could also fuel the price rise of Ethereum.

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Analysis

Ethereum could peak at $12,000 this year, according to Dr. Sean Dawson, Head of Research at Derive. He believes that President Trump's support for cryptocurrencies in his first year in office, along with Ethereum's Pectra upgrade, will drive the price of Ethereum higher. Additionally, wider adoption and increased ETF absorption could also be contributing factors.

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Ethereum's Pectra upgrade could push ETH price higher

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President Trump's support for crypto could be bullish for ETH

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Wider adoption of Ethereum and increased ETF absorption could push ETH price higher

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ETH price could reach $12,000 this year

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