Ethereum

bullish

Bitcoin

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Bitcoin has been outperforming Ethereum in terms of price gains and ETF inflows.</li>
 <li>The cryptocurrency market is currently witnessing a significant upswing, with most tokens reflecting a bullish sentiment.</li>
</ul>
<p>The cryptocurrency market is in a significant upswing phase, with a bullish sentiment across most tokens.</p>
<p>According to CoinMarketCap, the global crypto market capitalization has increased to $2.44 trillion, a 1.61% rise in the past day.</p>
<h2 id="bitcoin-vs-ethereum">Bitcoin vs. Ethereum</h2>
<p>A unique trend has emerged between <a href="https://coineagle.com/price/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> and <a href="https://coineagle.com/price/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a>, attracting the attention of traders and analysts.</p>
<p>While both leading assets have seen impressive gains, Bitcoin’s 1.90% gain has outpaced Ethereum’s 2.59% rise.</p>
<p>Bitcoin has successfully crossed the $70,000 threshold, trading at $72,459.92, and is on track to reach a new all-time high.</p>
<p>In contrast, Ethereum, expected to approach the $4,000 mark, is currently priced at $2,686.67, falling short of expectations.</p>
<h2 id="analysts-opinions">Analysts’ Opinions</h2>
<p>Analysts have noted this stark contrast in performance, emphasizing Bitcoin’s dominance while Ethereum seems to struggle to maintain momentum.</p>
<p>However, this view is not universally accepted, with some defending Ethereum.</p>
<p>Benjamin Cowen, CEO and founder of ITC crypto, stated, “ETH is not dying.” Similarly, an account named Crypto General expressed confidence in Ethereum, predicting a move past the $2800 resistance zone.</p>
<p>In the ETF market, Bitcoin’s dominance over Ethereum is even more apparent, with BTC ETFs attracting a substantial $870.1 million compared to ETH ETF’s $7.6 million.</p>
<p>As the market evolves, all eyes will be on Ethereum to see if it can shift this dynamic in the upcoming days.</p>

‘ETH Remains Alive and Kicking’ Asserts Analyst, Even as Bitcoin Outpaces Ethereum

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CoinEagle.com

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