Price Analysis

Bitcoin Vs. Ethereum Price Analysis: Bitcoin Price In Adventurous Mode While Ethereum Reflects A Moderate Surge

Bitcoin has raised the temperature of the market with its current momentum. The price of the coin is fluctuating with a high margin. In the last few days, the coin touched a high of $9400 and a low at $8088. The upsurge is undoubtedly good for the investors, but the descent has turned out to be an opportunity for the traders who want to book a profit.

Ethereum, on the other hand, is anchored by Bitcoin. Although many times Ethereum walks on the same path with Bitcoin, recently, the coin has altered its momentum. Where Bitcoin is likely to rise and fall with a tremendous speed, Ethereum is moving ahead slowly.

Let’s have a look at the current statistics of Bitcoin and Ethereum:

ParticularsBitcoin (BTC)Ethereum (ETH)
Price (USD)9,254.82 USD268.04 USD
Market Capitalization164,455,003,014 USD28,563,387,558 USD
24hr Volume15,948,292,403 USD5,759,248,981 USD
Circulating Supply17,769,662 BTC106,565,717 ETH
Return on Investment6,740.22%9000%

BTC & ETH Price Chart:

Bitcoin Vs. Ethereum price chart - june 20

The chart is taken from the Trading View on 20th June 2019, at 10:08:36 UTC for price comparison. In the above 5-day chart reflects price upsurge in Bitcoin and moderate growth in the price of Ethereum. On 15th June, Bitcoin escalated the price from $8706.7 to $8866.9, marking a progression of 1.91%. The coin jumped to $9392 on 16th June and continued the momentum on 17th and touched $9400. With ups and downs, Bitcoin is presently trading at $9250.

Ethereum jumped by 2.71% from $262.33 to $289.01 whereas during the same period Bitcoin could only escalate by 1.91%. The coin continued to walk on the footsteps of Bitcoin till 18th June. The change in momentum took place post the period. When Bitcoin was fluctuating, Ethereum was maintaining its pace. Altogether, the coin has shown gradual improvement.

Price Prediction and Conclusion:

Bitcoin is assumed to climb till $10,000. With Ethereum, we expect a hike till $300 by the mid of next quarter or even soon. Both Bitcoin and Ethereum are results giving investments. The future is secured with both of them. However, Bitcoin is likely to give a better return as compared to Ethereum.

The increased return also hikes the risk so people who seek to avoid risk, they can go for Ethereum.

Tags

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.
Back to top button
Close