ETH vs BTC : Will Ethereum Ever Gain Against Bitcoin?

  • Ethereum, one of the prominent cryptocurrency, has reached a new height from November last year.
  • Ethereum has been continuously trading at the same levels from June to December of 2019.
  • The market capitalization of ETH is at 20,897,727,602 USD while it has a market cap of 2,228,943 BTC against Bitcoins.

Ethereum, one of the prominent cryptocurrency, has reached a new height from November last year. However, the chart analysis by market experts shows that Ethereum faces the possibility of facing a double bottom.

The strife between Ethereum and Bitcoin is a long one. However bulls hold the trade with Ethereum aginst Bitcoin, bulls are not staying at the $0.016 level, which is showing that level since September and December.

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The candles on $0.016 level are likely to show that Ethereum will fall under the support in any trade days say, analysts. The highest ever Ethereum reached against Bitcoin was back in 2016 at the mark $0.04, now it is standing at half of it. Ethereum has been continuously trading at the same levels from June to December of 2019.

On another note, bulls are likely to march in for Ethereum to perform upwards shows another significant candle on the day trade chart. If Ethereum manages to introduce ETH futures trading as per CFTC, Ethereum with this new update could indicate an immense considerable growth and also if Bitcoin manages to reach the $10,000 mark, things for Ethereum might even get better says CFTC’s chief personal.

Ethereum has managed to maintain the bulls against both USD and Bitcoin. Ethereum is maintaining the bulls at an average of 5.48% at $190.78, while it is keeping bulls significant at an average of 4.35% with the trade against BTC with a price of 0.0203 BTC.

The market capitalization of ETH is at 20,897,727,602 USD while it has a market cap of 2,228,943 BTC against Bitcoins. The 24-hour volume of Ethereum against USD is $14,841,666,084 and 24-hour volume against BTC at 1,583,006 BTC. Ethereum has a circulating supply of 109,540,817 ETH. The total Return on Investment (ROI) of Ethereum stands at 6,637.33%.

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Ritika Sharmahttp://www.thecoinrepublic.com
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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