Crypto Giants Eye Ethereum ($ETH) and Bitcoin Cash ($BCH): Here’s Why This Bull Run Could Be a Game-Changer
The whole crypto community is aware of how the trade price of Bitcoin is continuously exploding & hitting new milestones every week, but in this Bitcoin bull run, Ethereum is lagging. Many people are expecting that Ethereum & similar strong cryptocurrencies may perform better than Bitcoin; it is just a matter of time.
Ethereum price action
The current trade price of Ethereum ($ETH) is $3,927 & this price level is 3.4% higher over the last 24 hours period.
It is worth it to note that the Ethereum spot ETF market secured a net of $700 million in the last 7-8 days, which reflects a very big rising bull sentiment around Ethereum Cryptocurrency. Over the last few days, the inflow of capital in the Ethereum spot market surged more rapidly.
According to popular crypto analyst Titan of Crypto, the trade price of Ethereum will soon hit a high level of $5,700. However, this is only part of his analysis & prediction but is fully based on Market’s sentiments.
It is worth noting that the all-time high of Ethereum is $4,868 & this price level is still 25% away, which means Ethereum is very far from its initial bull run.
Bitcoin cash ($BCH) price action
The current trade price of Bitcoin Cash, a forked coin of the Bitcoin network, is $611 & this price level is 8.28% high over the last 24 hours period.
The majority of the crypto experts believe that the sudden rise in the trade price of these cryptocurrencies will be very big, multiple folds high over Bitcoin, once Bitcoin stops pumping.
Read also: Bitcoin breaks new all-time high & hits $103k; experts say the next big level is very near!