Is ETH Set to Surge in 2020? Derive's Nick Forster Weighs In

IconCryptoNewsTerminal Staff05 Sep, 2024

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Is ETH Set to Surge in 2020? Derive's Nick Forster Weighs In

Nick Forster, founder of Derive, a synthetic ecosystem options trading protocol, recently spoke to Cointelegraph about the current state of the ETH market and future price predictions. Forster believes that ETH lacks the momentum to surpass its all-time high by the end of the year. He cites the current state of the ETH options market and the need for major events, like a Trump reelection and aggressive interest rate cuts, to occur simultaneously for ETH to set a new all-time high.