#Ethereum could rise to $12,000.#

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Overview

Ethereum could reach $12,000 this year, according to 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. In addition, wider adoption and increased ETF absorption will also help the price of Ethereum climb.

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Analysis

Ethereum could reach $12,000 this year, according to a prediction by Dr. Sean Dawson, Head of Research at Derive. He believes that Ethereum's Pectra upgrade, President Trump's support for cryptocurrencies in his first year in office, wider adoption, and increased ETF absorption will all drive the price of Ethereum higher. The Pectra upgrade is a recent major update to the Ethereum network that will improve the network's efficiency and security, and lay the groundwork for future development. President Trump showed a positive attitude towards cryptocurrencies in his first year in office, which brought confidence to the cryptocurrency market. In addition, more and more institutions and individuals are starting to use Ethereum, and the emergence of ETFs has also provided momentum for the price of Ethereum to rise.

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Ethereum's Pectra upgrade could push Ether price higher

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President Trump's support for cryptocurrencies could be bullish for Ether

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

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Ether price could reach $12,000 this year

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