After a spectacular rally this week, Ethereum price is valued at $2,745 during the US session on Wednesday. With the general crypto market’s trajectory sustained to the upside, backed by Bitcoin’s ascend above $51,000 while achieving a market cap of $1 trillion, ETH may very well be in the early stages of an incredible rally. Ethereum price bullish outlook comes amid impressive performance of Bitcoin ETFs which achieved a humongous cumulative net inflow of $4 billion on February 1. Investors perceive this surge as validation of Bitcoin and crypto from traditional investors.