Ethereum Emerges as Traders' Favorite While Bitcoin Slumps and XRP Stalls
Ethereum has taken the spotlight in crypto markets while Bitcoin slid more than 9% and repeatedly stalled at $87,000, and XRP struggled to reclaim $1.40. Analysts set a long-term target of $15,000 for ETH in the current bull cycle, flagging the $1,600 to $2,000 range as a potential reaccumulation zone with intermediate targets at $3,270, $4,892 and $10,000. Spot Ethereum ETFs drew $24.84 million in net inflows on October 13, their only positive day in October so far, led by $16.3 million into Grayscale's Ethereum fund and $8.11 million into Fidelity's Ethereum fund.