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As Bitcoin reclaimed the $110K threshold last night, Ethereum (ETH) followed with a major comeback, pushing its price above $2,800. Notably, ETH was last seen at the $2,800 level in February, after which its price dipped to $1,380 during that period. At press time, Ethereum is trading at $2,787, having retraced slightly but still boasting a 5% daily gain. With a market cap of $336.57 billion and a 24-hour trading volume of $34.43 billion, Ethereum’s momentum is catching the attention of market watchers. They are now speculating on how it could impact the broader altcoin market. Ethereum’s impressive price surge follows significant institutional investments, particularly through ETFs . For 16 consecutive trading days, Ethereum spot ETFs have continued to register inflows. The latest figure from Tuesday shows new investments totaling $125 million. Most of these inflows came from BlackRock, which bought $80.6 million worth of ETH, while Fidelity purchased $26.3 million. Grayscale also posted inflows of $9.7 million, and Bitwise added $8.4 million. With consistent new investments in Ethereum ETFs over the past months, this institutional participation has largely contributed to ETH’s rebound of 103%, from $1,380 to $2,800. Related: Ethereum ($ETH) Price Prediction for June 12 2025: Can ETH Break Past $2,835 and Confirm New Upside? Ethereum currently trades at 43% below its all-time high of $4,891. Meanwhile, Bitcoin is in a price discovery phase, breaking new peaks. As Ethereum gradually builds momentum, speculation is growing about where ETH is headed next. Geoff Kendrick from Standard Chartered predicts ETH could hit $14,000 by year-end, driven by spot ETH ETFs and network upgrades that enhance scalability. Meanwhile, community analyst Crypto Rover views Ethereum’s technical setup as a precursor to a $10,000 target. Related: Standard Chartered Predicts Ethereum Reaching $8,000 Amid Upcoming ETF Approval. \ With Ethereum’s outlook promising, many expect the broader altcoin market to follow suit. In a post on X, Crypto Beast proudly announced that altcoin season has officially started. He urged investors to position themselves, predicting that the next 4-5 months will be epic, with millions to be made. He shared a screenshot of altcoins like AAVE, DEXE, UNI, and WIF posting double-digit percentage gains in the last 24 hours. According to analyst Sercan YILDIZ, the next major altcoin bull run hinges on Ethereum gaining strength against Bitcoin. Since August 2022, ETH has underperformed BTC, and a breakout in the ETH/BTC pair is seen as the key trigger for a mega rally. YILDIZ emphasizes that a trend reversal in the ETH/BTC chart would signal the start of a 4-month altcoin bull run, potentially delivering 50–100x gains across the market. He argues that the real altcoin rally hasn’t started yet and claims those calling the bull market “over” are premature. YILDIZ urges investors to stay tuned, predicting that the coming rally could transform portfolios and financial outlooks. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Nasdaq-listed Interactive Strength (TRNR) has announced a $500 million strategic funding facility to acquire FET tokens, the native asset of leading AI blockchain platform Fetch.ai. With an initial $55 million tranche led by ATW Partners and DWF Labs, TRNR is set to become the largest U.S. public company holding an AI-linked crypto treasury. This move positions TRNR at the intersection of artificial intelligence, blockchain, and digital fitness. The entire $500 million is earmarked exclusively for acquiring FET tokens. Trent Ward, CEO of TRNR, commented that crypto assets are becoming a core component of global financial infrastructure, and AI represents the most significant technological leap. “Fetch.ai is the market leader at the intersection of these two megatrends,” Ward said. Notably, all FET holdings will be securely managed through BitGo, a regulated, institutional-grade crypto custodian. Related: AI Crypto Hype Train? Fetch.ai (FET) Shows Signs of a Price Reversal Beyond the massive financial investment, the strategy includes a direct technology collaboration. TRNR will collaborate directly with Fetch.ai to integrate AI-powered tools into its fitness ecosystem. These include the CLMBR and FORME product lines. Fetch.ai’s agent-based AI technology will enable next-generation personalized training experiences. It will leverage decentralized large language models (LLMs) and autonomous agents. Humayun Sheikh, CEO of Fetch.ai, stated, “The Fetch.ai ecosystem enables real-time collaboration between AI agents, unlocking powerful use cases from fitness to finance.” The initial $55 million tranche is co-led by private equity firm ATW Partners and major Web3 investor DWF Labs. Andrei Grachev, Managing Partner at DWF Labs, expressed pride in supporting the initiative, stating it signals a new wave of corporate capital markets embracing AI-driven digital assets. With this initiative, TRNR joins a growing group of public companies adopting crypto as a strategic treasury asset, similar to earlier moves by companies like MicroStrategy. Several companies have announced crypto treasury strategies with assets like XRP and Solana. However, TRNR’s approach is distinguished by its AI-specific focus. Related: Webus Outlines $300M XRP Treasury Strategy in New Filing with U.S. SEC TRNR is a Nasdaq-listed fitness tech company expanding through acquisitions, including Sportstech and Wattbike. Fetch.ai is a Delaware-based AI infrastructure company and a founding member of the Artificial Superintelligence Alliance (ASI). Its FET token ranks among the top five AI cryptocurrencies by market capitalization. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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