Bitcoin vs Ethereum: BTC and ETH Resume Price Recovery After a Plunge
Since 18th July, Bitcoin is giving bullish results when it comes to its price trend. The coin had reclaimed its price position above $10,000 and the coin even went above $10,500. On 20th July, BTC even went above $11,000 and then corrected near $10,767.14 closing the price on 21st July.
Bitcoin bull-run has put an impact over Ethereum but the coin is still pretty slow as far as its price recovery is concerned as the coin is still below $250 and is struggling to cross the price barrier near $225. Also, you can check-out forecast page to know more about Ethereum Predictions.
Current Statistics:
|
Statistics |
Bitcoin (BTC) | Ethereum (ETH) |
|
Price (USD) 07:06 UTC |
$10597.37 | $224.94 |
| Market Capitalization | $188,994,480,815 |
$24,080,714,000 |
|
24h Volume |
$16,078,433,468 |
$6,578,872,022 |
|
Circulating Supply |
17,831,250 BTC |
107,000,583 ETH |
| Return on Investment (RoI) | 7,733.75% |
7,847.82% |
BTC/ETH Price Chart
Yesterday, Bitcoin and Ethereum both initially witnessed a steady drop which later took a rebound. BTC price opened at $10,777.53 and it gradually tumbled to $10,347.10. Here it found strong support in order to strike a surge. It increased by 2.85% reaching as high as $10,642.10. Since then the leading crypto coin has maintained its price range around $10,300 to $10,800.
ETH tracing a similar price path saw a fall from $228.33 to $218.17 tracing a bearish trend line. From here, the coin climbed up by 4.05% and reached at $227.01. Since then, the coin is trading above $223 and currently is in a hassle to trade above $225.
Conclusion:
ETH may see further resistance at $230.65 and $235.6 while it may see support levels at $219.82 and $214.01. BTC, on the other hand, can face resistance at $10,830.8 and $11,062.49 and support levels at $10,378.51 and $10,157.91.
