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❕NEWS Ethereum price performance outshines Bitcoin as ETH reaches 3-year high against BTC

L

LutherKing

Guest
  • Ethereum price has shown resilience as it quickly recovered from the recent crypto market crash.
  • ETH has outperformed Bitcoin and has reached a three-year high on the ETH/BTC chart.
  • A prominent crypto analyst suggested that investors are using Ethereum as a hedge.
According to analysts although ether also faced an crash but now it has reached an all time high against btc

The analysts have said that ether has shown great progress which shows its dominance in the market

Analysts have predicted targets of $4362 and $5762 for this year end term for ether
 
ETH is simply around $4,300+ when I checked it recently, I really don't see the price moving up to such predicted land mark of $5,762 by the expert. Because, the coins are still subject to more price furlough just as it is going down at the moment. Take a look at BTC that reached $70k, it's simply languishing around $50k it will take some time to reach the price of $70k talk more if reaching $100k this year.
 
Ethereum has a large number of community out there but then I think it is always going to be inferior to bitcoin as and I think it will remain like this for a long time. Anytime it is trying to flip bitcoin it is always an indication that the market is about to dump.
 
Bitcoin is finding so hard to reach that conversion of ethereum because of the current price ,I think when ethereum reaches Bitcoin price too probably it would find it that difficulty too ,but I love to see ethereum moving so high like that ,it shows that Investors still have the right track to get in more gains for themselves
 

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