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.
Ethereum (ETH) Price
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 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.
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.


