Ethereum

2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>BTC and ETH outperformed the S&amp;P 500 in the just-concluded week.</strong></li>
 <li><strong>A break through the $69,055 resistance could send BTC toward $72,000.</strong></li>
 <li><strong>ETH’s buying momentum stalled but bullish dominance could drive the price to $4,200.</strong></li>
</ul>
<p><a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin’s (BTC)</a> momentary jump above $70,000 and <a href="https://coinedition.com/ethereum-hits-3800-dencun-upgrade-and-etf-hype-propel-surge/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> hitting $4,000 on March 8 has ensured that the top two cryptocurrencies continue to outshine the S&amp;P 500.</p>
<p>According to crypto analysis tool ‘Santiment,’ posted that BTC climbed by 10% this week. ETH, on the other hand, jumped by 14.7% while the S&amp;P 500, which is the weighted index of the top 500 publicly traded U.S. companies, posted a mild 0.5% gain.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> (+10.0%) and <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> (+14.7%) notably outpaced <a href="https://twitter.com/hashtag/SP500?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SP500</a> (+0.5%) returns this week. Historically, <a href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#cryptocurrency</a> markets see sustained <a href="https://twitter.com/hashtag/bullmarkets?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#bullmarkets</a> with little to no correlation with <a href="https://twitter.com/hashtag/equities?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#equities</a>, so traders are hopeful this trend continues. <a href="https://t.co/dgRoilWYuJ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/dgRoilWYuJ</a> <a href="https://t.co/yUVYP5KFQI" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/yUVYP5KFQI</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1766261505295835226?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 9, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>A position like this could be a confirmation of the crypto bull market as the correlation with traditional assets has been diverging. Beyond the weekly performance, Coin Editon che…</p>
<p>The post <a href="https://coinedition.com/can-bitcoin-btc-ethereum-eth-continue-to-outperform-equities/" rel="noopener noreferrer nofollow">Can Bitcoin (BTC), Ethereum (ETH) Continue to Outperform Equities?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Can Bitcoin (BTC), Ethereum (ETH) Continue to Outperform Equities?

Coin Edition

Other articles published on Mar 9, 2024

Bitcoin Soars Past $67K AsTop Cryptos Follow Suit with Surprising Gains

As Bitcoin Halving Looms, Transaction Volume Soars: Miners Reap Benefits

Worldcoin Soars to Record High with OpenAI Board Changes

Shiba Inu vs. PEPE: What Could be the outcome of investing $500 over the next 30 days?

Shiba Inu BONE Token Garners Over 20,000 Picks On Binance Futures NEXT Program

Shiba Inu (SHIB) Bulls Set New Target, Clearing Another Zero Amid 60% Jump

Join our free newsletter for daily crypto updates!