Ethereum reached the $3,650 mark amidst a joint SEC and CFTC statement, but further growth may be limited by technical and macroeconomic factors.
Regulatory Directives Boost Ethereum
Ethereum recently experienced a price surge, crossing the **$3,650 mark** due to clear regulatory directives by the [**SEC and CFTC**](https://www.ainvest.com/news/institutional-investors-surge-ethereum-shorts-51-7-2507). The joint statement on June 9, 2025, bolstered market confidence.
Trump's Call and Its Trading Volume Impact
The joint statement and Trump's announcement led to an **increase in trading volumes**. 'Interest rates are at least 3 points too high.' - [Truth Social](https://www.bitget.com/news/detail/12560604806180). This spurred significant financial and institutional interest.
Institutional Investments and Market Prospects
Historically, past similar regulatory announcements spurred **short-lived price rallies** followed by volatility. The current market pattern mirrors these past events. [**Analysts predict**](https://www.banklesstimes.com/articles/2025/07/10/ethereum-projections-can-eth-price-surge-to-4000-in-july/) Ethereum's progress is hindered by technical resistance and macroeconomic issues, but may benefit from long-term **institutional interest and ETF developments**.
In conclusion, while there has been a recent surge in Ethereum's price, its future development will depend on the sustainability of institutional interest and overcoming technical barriers.
