Ethereum price has shown resilience in the past 24 hours, trading to highs of $2,559.
\nMajor announcements by SharpLink Gaming and BTCS Inc. have bolstered sentiment.
\nETH price could eye $3,000 andan\u00a0 all-time high in the coming months.<\/p>\n
Ethereum (ETH) price fell to below $2,480 on Monday, clipping recent gains amid a broader dip for cryptocurrencies and stocks.<\/p>\n
However, despite overall market weakness, Ethereum<\/a> is trending green in the past 24 hours and poised at the key level of $2,500. Analysts predict recent bullish sentiment amid major adoption news could spark a fresh surge for the altcoin that has come close to breaking above $2,800 on multiple occasions.<\/p>\n As noted above, the price of ETH is trading above the key level of $2,500 \u2013 bulls had touched highs of $2,559 at the time of writing.<\/p>\n This is after slight gains in the 24 hours, with this coming after a minor dip for crypto that mirrored the slip for stocks amid tariff concerns.<\/p>\n Yet, despite Bitcoin (BTC) also retreating to below $104,000 and triggering over $156 million in liquidations, Ethereum is back above $2.5k.<\/p>\n What it means is that Ethereum\u2019s price is consolidating in a tight range near $2,500. It\u2019s a key technical level that has recently acted as a major support zone. While it currently offers significant resistance, a breakout above it could be huge for ETH bulls.<\/p>\n One of the big bullish catalysts building up for the Ethereum price is corporate adoption of ETH as a treasury asset. This factor has boosted BTC and now stands as one of the keys to unlock bullish action for the top altcoin.<\/p>\n SharpLink Gaming has made headlines over ETH with its plans for a $1 billion raise to acquire ETH.<\/p>\n Its announcement has recently seen the token\u2019s price go up, and future buys might have a notable impact on both sentiment and price movement. On Monday, June 2, 2025, the company announced a $425 million private placement.<\/p>\n SharpLink Gaming $SBET<\/a> is delighted to share the news that we have completed our $425 million private placement, led by Consensys. #Consensys<\/a> #ETH<\/a> https:\/\/t.co\/EKsumtWMEB<\/a> pic.twitter.com\/BoIkEspK0J<\/a><\/p>\n \u2014 SharpLink Gaming (@SharpLinkGaming) June 2, 2025<\/a><\/p>\n\n Also taking an Ethereum treasury approach is BTCS Inc., a Nasdaq-listed blockchain firm that just bought 1,000 ETH<\/a> via the Crypto.com Exchange. The US-based company, focused on revenue generation via Ether infrastructure, now holds 13,500 ETH \u2013 up from just over 9,000 at the end of Q1, 2025, and 12,500 ETH in mid-May.<\/p>\n This doubling down on Ethereum has also attracted companies such as French real estate firm Entreparticuliers and Saudi-backed VivoPower. It\u2019s a move that speaks to growing attention towards Ethereum.<\/p>\n Price may therefore see a spike in the coming weeks and months. However, traders might want to consider the macro environment, particularly tariffs and the geopolitical front. On the former, analysts at QCP noted:<\/p>\n \u201cTariff tensions will likely drive the macro narrative through June, with major policy decisions expected only after July 8. Until then, the market may stay on pause.<\/p>\n Ethereum\u2019s price hovered around $2,541.<\/p>\n The post Ethereum retests $2,500 as companies bet big on ETH<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum price has shown resilience in the past 24 hours, trading to highs of $2,559. Major announcements by SharpLink Gaming and BTCS Inc. have bolstered sentiment. ETH price could eye $3,000 andan\u00a0 all-time high in the coming months. Ethereum (ETH) price fell to below $2,480 on Monday, clipping recent gains amid a broader dip for […]<\/p>\n","protected":false},"author":0,"featured_media":3658,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[100],"tags":[],"class_list":{"0":"post-3657","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3657"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3658"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum price poised near key level<\/h2>\n
SharpLink Gaming, BTCS Inc. bet on Ethereum<\/h2>\n