Ethereum's rebound is reflected in prediction markets, where Myriad traders assess a 54% probability of ETH reaching $3,000, up from 37% the previous day, compared to earlier predictions of $1,500. ETH is currently trading near $2,330, with a weekly gain exceeding 12%. Digital asset products have seen inflows for a third consecutive week, totaling $1.06 billion, with $315 million related to Ethereum. BitMine Immersion Technologies reported purchasing 60,999 ETH (approximately $138 million) last week, further increasing its holdings, and ETH also reached a six-week high as a result.

ETH-0.55%
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