Ethereum (ETH) Hovers Near $1,560 as Kiyosaki’s Bold $95K Prediction Resurfaces Trader Edge | usagoldmines.com

Key Highlights

• Ethereum hovered around $1,560 on June 30 amid renewed selling pressure throughout cryptocurrency markets.
• A prediction by Robert Kiyosaki suggesting ETH could reach $95,000 by mid-2027 gained renewed attention online.
• Bitmine expanded its position by 27,084 ETH, increasing total holdings to approximately 5.7 million ETH.
• SharpLink purchased an additional 10,000 ETH, elevating its collection to 886,725 tokens.
• ETH has declined approximately 25% during the current quarter, heading toward a third consecutive quarterly decline.

Ethereum exchanged hands around $1,560 on June 30, continuing a challenging period for the digital asset. The decline occurred alongside broader selling activity throughout cryptocurrency markets.

The aggregate cryptocurrency market capitalization decreased between 1% and 1.75%, settling near $2.03 to $2.11 trillion. Bitcoin declined between 1.6% and 2.74% as withdrawals persisted from U.S. spot Bitcoin ETFs.

XRP, Dogecoin, and Cardano similarly experienced downward pressure during the trading session. This market weakness renewed interest in a bold projection from Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad.

Kiyosaki’s Ambitious $95,000 Ethereum Forecast

Kiyosaki initially revealed his $95,000 Ethereum projection in March, though it gained fresh traction this week throughout crypto social channels. Market analyst Rekt Fencer (@rektfencer) shared footage of Kiyosaki stating that one year following the collapse of “the biggest bubble in history,” Ethereum could surge to $95,000.

Within the same segment, Kiyosaki projected gold could soar to $35,000 per ounce and silver might reach $200. He additionally suggested Bitcoin could climb to $750,000 following this hypothetical event.

Kiyosaki acknowledged these projections would necessitate approximately $285 trillion in combined market capitalization. This figure significantly exceeds current market valuations.

The statements generated mixed responses online. Several traders interpreted the forecast as a long-term possibility rather than an immediate projection.

Institutional Accumulation Continues Despite Price Weakness

Notwithstanding the price decline, several major holders maintained their accumulation strategy. Market analyst Onchain Lens (@OnchainLens) documented that Bitmine acquired another 27,084 ETH last week, representing approximately $42.95 million.

This transaction elevated Bitmine’s aggregate holdings to roughly 5.7 million ETH, valued near $9 billion. The company currently controls about 4.7% of Ethereum’s circulating supply, with the majority staked.

SharpLink similarly expanded its holdings, acquiring 10,000 ETH at an average entry price of $1,611. This transaction increased its total position to 886,725 ETH.

SharpLink simultaneously repurchased 2.13 million shares and secured $75 million in capital during the same period. Despite this institutional buying activity, Ethereum has struggled to establish sustained upward momentum.

ETH has fallen roughly 25% throughout the current quarter. This trajectory positions it for a third consecutive quarterly decline, which would represent an unprecedented streak for the asset.

Technical charts indicate ETH trading below a descending trendline that has persisted since mid-May. The token also remains beneath the Supertrend indicator.

Analysts at Unknown.Ai stated ETH must recapture the $1,580 to $1,590 range to establish a pathway toward $1,630 and $1,660. A four-hour closing price below $1,550 would invalidate this scenario and increase the probability of a decline toward $1,500.

Analyst Ted identified $1,500 as a critical demand zone. He suggested maintaining that level could facilitate a recovery rally next month.

Based on current market data, ETH traded at $1,562 on the four-hour timeframe. The $1,600 threshold remains the immediate resistance level for buyers to overcome.

The post Ethereum (ETH) Hovers Near $1,560 as Kiyosaki’s Bold $95K Prediction Resurfaces appeared first on Blockonomi.

This articles is written by : Nermeen Nabil Khear Abdelmalak

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