{"id":53557,"date":"2025-06-02T18:53:17","date_gmt":"2025-06-02T18:53:17","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-retests-2500-as-companies-bet-big-on-eth\/"},"modified":"2025-06-02T18:53:17","modified_gmt":"2025-06-02T18:53:17","slug":"ethereum-retests-2500-as-companies-bet-big-on-eth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-retests-2500-as-companies-bet-big-on-eth\/","title":{"rendered":"Ethereum retests $2,500 as companies bet big on ETH"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ethereum-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ethereum-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ethereum-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/ethereum-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethereum price has shown resilience in the past 24 hours, trading to highs of $2,559.<\/li>\n<li>Major announcements by SharpLink Gaming and BTCS Inc. have bolstered sentiment.<\/li>\n<li>ETH price could eye $3,000 andan\u00a0 all-time high in the coming months.<\/li>\n<\/ul>\n<p>Ethereum (ETH) price fell to below $2,480 on Monday, clipping recent gains amid a broader dip for cryptocurrencies and stocks.<\/p>\n<p>However, despite overall market weakness, <a href=\"https:\/\/coinjournal.net\/ethereum\/\">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<h2>Ethereum price poised near key level<\/h2>\n<p>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<p>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<p>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<p>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<h2>SharpLink Gaming, BTCS Inc. bet on Ethereum<\/h2>\n<p>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<p>SharpLink Gaming has made headlines over ETH with its plans for a $1 billion raise to acquire ETH.<\/p>\n<p>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 $425 million private placement.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SharpLink Gaming <a href=\"https:\/\/twitter.com\/search?q=%24SBET&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SBET<\/a> is delighted to share the news that we have completed our $425 million private placement, led by Consensys.   <a href=\"https:\/\/twitter.com\/hashtag\/Consensys?src=hash&amp;ref_src=twsrc%5Etfw\">#Consensys<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&amp;ref_src=twsrc%5Etfw\">#ETH<\/a> <a href=\"https:\/\/t.co\/EKsumtWMEB\">https:\/\/t.co\/EKsumtWMEB<\/a> <a href=\"https:\/\/t.co\/BoIkEspK0J\">pic.twitter.com\/BoIkEspK0J<\/a><\/p>\n<p>\u2014 SharpLink Gaming (@SharpLinkGaming) <a href=\"https:\/\/twitter.com\/SharpLinkGaming\/status\/1929559241834009043?ref_src=twsrc%5Etfw\">June 2, 2025<\/a><\/p>\n<\/blockquote>\n<p>Also taking an Ethereum treasury approach is BTCS Inc., a Nasdaq-listed blockchain firm that <a href=\"https:\/\/crypto.com\/en\/company-news\/btcs-inc-utilizes-cryptocom-and-acquires-1000-eth\" target=\"_blank\" rel=\"noopener\">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<p>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<p>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<p>\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<p>Ethereum\u2019s price hovered around $2,541.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-2.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-retests-2500-as-companies-bet-big-on-eth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 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 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":53558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53557"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53557"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53558"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}