Bitcoin vs Ethereum: Both of the top crypto assets are dominating the market. Is there, however, a long-term case for cryptocurrency?
After a massive sell-off in 2022, all major cryptocurrencies started the year strong. Bitcoin and Ethereum, the two most valuable digital assets in the cryptocurrency market, have long piqued the interest of cryptocurrency investors. So it’s understandable that someone would want to choose between Bitcoin and Ethereum as a long-term investment option.
Bitcoin vs Ethereum: Let’s put their performance in perspective
Are you thinking about starting your crypto journey, and curious about the difference between Bitcoin and Ethereum in the future? You’ve come to the right place. These are some of the most important factors to consider when investing in cryptocurrencies.
Bitcoin: BTC price eyeing €25K
Bitcoin price is currently valued at € 20,206.93 and has a € 19,997,897,033 24-hour trading volume. With a live market worth 389,583,505,742 BTC has gained over 35% in the past four weeks.
As a result of the recent price surge, BTC might reach levels as high as € 23,900 and € 25,150 in the coming months. Now we’ll discuss whether Bitcoin is a good long-term investment. As a result, many crypto experts believe that BTC prices will be bullish for the next one to three years and may reach new highs soon. (Not at the time of writing)
Ethereum’s Price Holds Steady at €1.4k
The price of Ethereum in the last 24 hours was € 1398.97, with a trading volume of € 7,091,661,774. On the upside, ETH is anticipated to face a bullish crossover that might expose ETH to € 1,650. In the past 30 days, Ethereum has risen nearly to 34%. In terms of utility and real-world applications, Ethereum has an impressive track record Ethereum has demonstrated its dominance in the world, from being the pioneer of the concept of smart contracts to being an innovation leader in decentralized finance and non-fungible tokens. (Not at the time of writing)
Both of the leading cryptocurrencies have significant growth potential, but they are also extremely volatile. That means that long-term investment in cryptocurrencies requires careful consideration of factors such as technology, adoption, regulation, market demand, and thorough research.