A widely followed crypto analyst is looking at historical price action to lay out a capitulation scenario for the Ethereum versus Bitcoin (ETH/BTC) pair. In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that ETH/BTC could be in trouble if the Federal Reserve cuts rates in September and the pair […]
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The price of Ethereum could be bolstered by inflows into upcoming U.S. spot ETFs, while Bitcoin faces headwinds from Mt. Gox creditor repayments.
The launch of spot Ether (ETH) exchange-traded funds (ETFs) could see the cryptocurrency outperform Bitcoin (BTC) in the weeks after they go live in the United States, say K33 Research analysts.
The ETFs, expected to launch as soon as July 8, are a “golden egg” for ETH’s price, while Bitcoin is set to face selling pressure as $8.5 billion worth is returned to creditors of collapsed exchange Mt. Gox starting this week, K33 analysts Vetle Lunde and David Zimmerman said in a July 2 report.
ETH has underperformed against Bitcoin for over a year, with the latter posting market-leading gains bolstered by over $14 billion in flows to Bitcoin exchange-traded products this year.
A widely followed trader says that Ethereum (ETH) is about to vastly outrun Bitcoin (BTC) and is predicting one memecoin will rally hard. Pseudonymous trader Bluntz tells his 259,000 followers on the social media platform X that he’s got his eye on the two-week chart of the Ethereum versus Bitcoin (ETH/BTC) pair. The trader says […]
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ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”
Etheruem's (ETH) price continues to underperform compared to Bitcoin’s 2024 gains, but Glassnode analysts suggest that brighter days could lie ahead.
Data from Cointelegraph Markets Pro and TradingView shows that Ethereum has been underperforming Bitcoin over the last two years, resulting in a weaker ETH/BTC ratio, which reached a low of $0.04622 on May 1, the lowest since April 2021.
Glassnode said Ethereum’s under-performance this cycle relative to Bitcoin is due to a “measurable lag in speculative interest” from the STH cohort.
A widely followed crypto analyst believes that Ethereum (ETH) and other altcoins are on the verge of a major market correction. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that Ethereum against Bitcoin (ETH/BTC) may be making one final move to the upside before a market capitulation. “In order […]
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A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that if gold continues to do well, the top crypto asset by market cap may be in for a an extended […]
The post Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means appeared first on The Daily Hodl.
Cryptocurrency analyst Benjamin Cowen is expressing bearish sentiment on Ethereum (ETH) relative to Bitcoin (BTC) over the short to medium term. In a new video, Cowen tells his 799,000 YouTube subscribers that the Ethereum/Bitcoin (ETH/BTC) pair has further room to fall. “My base case at this point in time is that Ethereum/Bitcoin bottoms this summer, […]
The post Ethereum Primed To Bleed Against Bitcoin for Longer Before Bull Phase Sets In, Says Benjamin Cowen – Here’s Why appeared first on The Daily Hodl.
Seasoned trader Peter Brandt says Bitcoin (BTC) is flashing a common bull market pattern that typically precedes a burst to the upside. The trader, who gained legendary status after calling the 2017 Bitcoin collapse, says BTC may soon rally to around $80,000 as it threatens to take out its short-term diagonal resistance. However, Brandt warns […]
The post Trader Peter Brandt Predicts Breakout Rally for BTC Amid ‘Basic’ Bull Market Pattern – But There’s a Catch appeared first on The Daily Hodl.
A widely followed crypto analyst is detailing when he believes Ethereum (ETH) and altcoins could outpace Bitcoin (BTC). In a new video update, crypto strategist Jason Pizzino tells his 321,000 YouTube subscribers that the altcoin market is setting up for a massive rally – with the ETH/BTC pair as its proxy. “Still seems like the […]
The post Here’s When Ethereum and Altcoins Could Start To Outrun Bitcoin, According to Analyst Jason Pizzino appeared first on The Daily Hodl.
Closely followed analyst Benjamin Cowen says Ethereum may be in the midst of repeating a historical pattern that could bring ETH down to much lower levels. In a new strategy session, Cowen tells his 790,000 YouTube subscribers that in the last crypto bear market, Ethereum didn’t bottom out until canceling out a previous breakout from […]
The post Ethereum 2019 Correction Repeating? Analyst Warns Ethereum May See Larger Pullback appeared first on The Daily Hodl.
