Saturday, June 15, 2024

Ether (ETH) Value Has 1 in 5 Likelihood of Tapping $5K by Finish-June, DeFi Choices Protocol Lyra Says

by Jeremy

“Lyra choices markets are implying a ~20% likelihood of ETH reaching $5,000 by June 28,” Nick Forster, Lyra’s founder and a former Wall Avenue choices dealer, advised CoinDesk in an e mail. “There’s a 20% likelihood of ETH transferring above $5,500 by July 26, as merchants have elevated positioning put up the ETF hypothesis.”

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