Ethereum Price Surges on US Supreme Court Ruling, Experts Warn of Potential Downturn

The Ethereum price saw a significant surge of 2.20% on February 20, mirroring the performance of other cryptocurrencies. This upswing is largely due to the US Supreme Court's decision to block Donald Trump's tariffs.

According to recent data, the ETH price rose to $1,965, marking a notable recovery from its lowest point this year, which was down by 12%.

While the short-term gains may provide some relief for investors, experts caution that risks remain. A potential downward trend could see the Ethereum price drop as low as $1,500.