Ethereum

Stabilize

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/can-ethereum-stabilize-against-bitcoin-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Can Ethereum Stabilize Against Bitcoin Soon?</a><br></p>
<p style="text-align: justify">Renowned cryptocurrency analyst Benjamin Cowen has shared insights regarding Ethereum’s (ETH) performance in relation to <a href="https://en.bitcoinhaber.net/bitcoin-miners-liquidate-holdings-amid-etf-optimism-hashrate-increases" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/blackrocks-push-for-a-spot-bitcoin-etf-signals-institutional-priority" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) with his 866,700 followers on the social media platform X. Cowen suggests that the ETH/BTC pair may stabilize by the end of the year, indicating potential for a turnaround in its performance.</p>
<h2 style="text-align: justify" id="will-the-eth-btc-pair-experience-a-downtrend">Will the ETH/BTC Pair Experience a Downtrend?</h2>
<p style="text-align: justify">Cowen assesses the probability of a significant decline in the ETH/BTC pair to be minimal, underlining the influence of market expectations on its trajectory. He expresses confidence that significant downturns are unlikely at this stage.</p>
<h2 style="text-align: justify" id="what-lies-ahead-for-bitcoin-s-market-share">What Lies Ahead for Bitcoin’s Market Share?</h2>
<p style="text-align: justify">In addition, Cowen projects that Bitcoin’s market dominance might hover around 60% by year-end. He cautions, however, that this trend could reverse as we approach 2025. He anticipates the ETH/BTC pair finding its footing within the range of 0.03 to 0.04 shortly, with Ethereum currently trading around 0.03891 BTC (approximately $2,617).</p>
<p style="text-align: justify">Traders should consider these critical takeaways:</p>
<ul>
 <li>ETH/BTC pair is expected to stabilize soon.</li>
 <li>ETH/USD could strengthen but may need more time.</li>
 <li>Bitcoin’s market dominance may rise but face a decline by 2025.</li>
</ul>
<p style="text-align: justify">With ongoing uncertainties in the cryptocurrency landscape, Cowen urges traders to remain vigilant and adapt their investment strategies to current market shifts. His evaluations provide essential guidance for those navigating the complexities of cryptocurrency trading.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/can-ethereum-stabilize-against-bitcoin-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Can Ethereum Stabilize Against Bitcoin Soon?</a></h5>

Can Ethereum Stabilize Against Bitcoin Soon?

Table of Contents

BH NEWS

Other articles published on Oct 18, 2024

SEC Appeals XRP Ruling, But Not Its Non-Security Status

Asia’s Elite Push Bitcoin Price Towards $100K – Will It Hit by Year-End?

Best Crypto to Buy Now October 18 – Flare, Render, Bitget Token

Centralized Exchanges (CEXs): All You Need to Know

Top 4 Staking Platforms in 2024: Earn up to $180,000/Month

COTI and MyEtherWallet Partner to Offer Privacy Features to MEW & Enkrypt Users

Join our free newsletter for daily crypto updates!