Ethereum

Bitcoin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Bitcoin has been more up and down than <a href="https://u.today/ethereum-etf-application-submitted-by-bitwise" rel="noopener noreferrer nofollow">Ethereum</a> (ETH) recently, but not just in price. It is actually moving up and down more. This means Bitcoin's volatility has been substantially higher than Ethereum's, which is not usual.
In the last 30 days, Bitcoin's volatility has gone up to 60%. This is more than Ethereum since February. It looks like Bitcoin is going through bigger price changes, and this might actually be good for it as risk demand stays high. It could mean more traders are paying attention to Bitcoin than <a href="https://u.today/ancient-ethereum-whale-suddenly-awakens-after-9-years-details" rel="noopener noreferrer nofollow">Ethereum</a>. <img alt="ETHUSD Chart" data-entity-type="file" data-entity-uuid="3ef45c40-ed3f-43cd-b94b-00754a1053ab" src="https://u.today/sites/default/files/inline-images/image_638.png"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow">ETH/USDT Chart by TradingView</a>
When we look at how Bitcoin's price has been changing, we see that it has been close to the important price of $66,519. This is a price where Bitcoin has managed to not go lower before. If Bitcoin stays above this price, it might be getting ready to try to go higher toward $69,350. If Bitcoin goes higher than this, it could start going up a lot again.
Ethereum is different. It has been more steady and has not had as big price changes as Bitcoin. Ethereum's price that is important to watch is around $2,979.5. If Ethereum's price does not go lower than this, it might start to go up again, maybe even toward $3,502.6. But because <a href="https://u.today/vitalik-buterin-announces-massive-ethereum-change" rel="noopener noreferrer nofollow">Ethereum</a> has not been as up and down as Bitcoin, it does not seem as risky or exciting to traders right now.
Bitcoin's high volatility could be a crucial signal for investors. But this also means Bitcoin could be riskier to buy because its price is less predictable and might cause some serious losses among investors.
Right now, it looks like Bitcoin is getting more attention than <a href="https://u.today/ethereum-etf-application-submitted-by-bitwise" rel="noopener noreferrer nofollow">Ethereum</a> because it offers way more risk exposure. Ethereum keeps on growing slowly and shows a dynamic somewhat similar to stocks.

Bitcoin (BTC) Clearly Beating Ethereum, but in Unexpected Way

U_Today

2024년 3월 30일에 게재된 다른 기사

Satoshi Era Bitcoin Wallet Comes To Life Before Halving, BTC To $100K?

Paradigm’s funding takes Farcaster’s dev to unicorn status

Litecoin Price Prediction: LTC Surges 13% After The CFTC Says It’s A Commodity And This World-Fir...

Satoshi Era Bitcoin Wallet Springs to Life

5 Crypto Coins You Must Buy Before Bitcoin Explodes to $150k

Bitcoin Golden Cross: BTC Price All Set To Hit $97K Soon

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!