Russell 2000's Record Run Spurs ETH Rally Speculation
The Russell 2000 index, which tracks around 2,000 smaller publicly traded US companies, has hit record territory above $3,050 in recent weeks. This TradFi signal has some analysts drawing parallels with Ethereum's past rallies.
Crypto analyst Crypto Rover points out a hidden connection between the index and the largest altcoin, suggesting it could lead to a major ETH rally. However, no specific price targets or timelines are mentioned.