Lately, there has been speculation regarding whether the recent approval of spot ETF applications for Bitcoin would have a ripple effect on Ethereum’s price. Despite this, Ethereum is currently trading at a value around $700 less than its record high of $4,091. Providing insight on this matter, Michael van de Poppe, the founder of MN Capital, expressed optimism in the Ethereum ecosystem and highlighted the presence of a significant support level within it. For the most up-to-date technology news, be sure to check out NEWSLINKER.
