🔥Bitcoin vs Ethereum: A Comparison‼️
💥Current Prices
🔹️Bitcoin ($BTC ): $118,642.56, showing a 0.61% increase since yesterday
🔸️Ethereum ($ETH ): $3,806.77, with a 2.70% surge
💥Recent Performance
🔹️Bitcoin:
Stable near $118k, with a 0.33% increase in the last 24 hours and a 2.3% decrease in the past week
🔸️Ethereum:
Continues its bull run, breaching $3,800 with a 6% surge in the past 24 hours and 21% in the past week
💥Market Trends
🔹️Ethereum's Total Value Locked (TVL):
Reached $77.363 billion, contributing to its bullish trend
🔸️Institutional Demand:
Growing for Ethereum, with $3.28 billion in net inflows into spot ETH funds in July
💥Price Projections
🔹️Ethereum:
Analysts predict it could reach $4,000, with potential for $5,000 or higher if trends continue
🔸️Key Resistance Levels: $3,877-$3,987 and $4,000
🔹️Support Levels: $3,434 and $3,530
🔹️Current Price: $0.00005211
🔸️Market Capitalization: $844.64
🔹️24-hour Trading Volume: $157.14
🔸️Circulating Supply: Unknown
🔹️Maximum Supply: 420,420,420
💥Market Insights
🔹️Bitcoin's price remains stable, while Ethereum's bull run is driven by strong ETF inflows, whale activity, and DeFi growth
🔸️Institutional demand for Ethereum is growing, contributing to its price increase
🔹️Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.