Bitcoin vs Ethereum: BTC Bull-Run Uplifts Crypto Market; ETH Correcting Down after Price Rally
Recently, Bitcoin has stepped out of the bearish impact and it took a massive surge above $10,000 over the last 1 day. The price movement of the leading crypto coin has positively impacted major altcoins such as Ethereum and Ripple.
Yesterday, BTC had struck an increase above $10k and at present, the coin is correcting down from $10775.07. Similarly, Ethereum is also correcting down from $226.55.
Bitcoin and Ethereum Current Statistics:
|
Statistics |
Bitcoin (BTC) | Ethereum (ETH) |
|
Price (USD) 09:09:00 UTC |
$10335.85 | $217.28 |
|
Market Capitalization |
$184,635,431,352 |
$23,379,700,328 |
|
24h Volume |
$24,639,094,035 |
$8,719,911,752 |
| Circulating Supply | 17,825,537 BTC |
106,961,008 ETH |
|
Return on Investment (ROI) |
7,555.52% |
7,619.31% |
BTC/ETH Price Chart
Yesterday morning, Bitcoin price was ranging between $9500 to $9600 before facing an extended price drop near $9312.88. The coin saw strong support there and rebounded steadily above $10083.87. It further surged above $10700 and then pulled back to $10500. Bitcoin has again touched price point above $10700 and corrected down to $10335.85.
On the other hand, as per the Ethereum price prediction, it has also been recovering its loss of valuation after seeing bottom near $207.15. After a sharp surge near $224, ETH has steadily soared to $229.74 and returned back to $223. The coin has again reached above $226 and pulled back below $220. In the last 24 hours, ETH has increased to 2.76%.
Conclusion:
BTC may see further resistance at $11,143.28 and $11,620.08 if it continues to rise, while its support levels can be at $9,783.24 and $8,900. ETH’s major resistance can be $234.53 and $242.48, while its support levels are likely to be $213.33 and $200.08.
