Factors that might trigger an increase in the price of Ethereum in Q4

Ether is on a roll right now. Unsurprisingly, the currency has followed Bitcoin to its current high, guaranteeing that investors profit handsomely. There’s a lot that goes into the current ETH surge. Before the market crash, investors would recall that the asset was at an all-time high. As a result, many of them are optimistic that it will soon return to its previous highs.

In October, there was a lot of buzz regarding the cryptocurrency market and its success. Indeed, numerous experts have forecasted significant growth in the fourth quarter. On that topic, October has started off rather nicely, with coin prices rising since the beginning of the month. As predicted, all of this is just boosting investor confidence at the moment.

ETH is presently gaining a lot of traction as one of the most popular cryptocurrencies. Investors are ecstatic about the prospect of a huge increase. But, as many people well know, this isn’t going to happen by itself. For ETH to make the kinds of leaps that investors demand, a number of elements must be in place, and we’ll go through a few of them below:

The dollar’s inflation rate is rising.

The US Commerce Department released a report on consumer spending on the first of the month. Personal…