The cryptomarkt is in a minor mood in recent days. While Bitcoin (BTC) is only a modest decrease of 0.2%, Ethereum (ETH) knows how to make a small profit of 2%. XRP, on the other hand, has more difficult and loses 2.8% in value. The question that now burns on everyone’s lips: when does that long -awaited rally finally break through?
Bitcoin (BTC): Strong long -term trend remains intact
At the beginning of 2024, Bitcoin was still on ‘only’ $ 40,000. After a brief revival in March, a period of lateral movements followed, until the summer in which BTC dropped back to $ 53,000. What followed, however, was nothing less than spectacular.
With a new all-time High (ATH) of almost $ 109,000, the annual growth comes to an impressive 172.5%. Despite the recent consolidation, the long -term trend continues to point up sharply. The Bull Run does not seem to be over yet, and many analysts expect BTC to move towards record levels again.
Ethereum (ETH): No fireworks yet, but continues to keep
Unlike Bitcoin, the situation for Ethereum looks less rosy in the long term. Although ETH has been able to find a local bottom of around $ 2,200 since January 2024 and has since risen by 23%, the current value still remains below the level of a year ago. Nevertheless, Ethereum shows surprisingly resilience this week: while Bitcoin (BTC) has a decrease of 0.12%, the Ether Koers makes a modest profit of 2%.
That positive momentum comes unexpectedly, especially in view of the recent setback for the market. Last Friday, Crypto-Exchange Bybit was hacked, with no less than $ 1.4 billion stolen in Ethereum. Despite this negative event, Ethereum seems more resilient than expected, which may indicate an underlying strength in the market.
What is striking is that Ethereum has already set a big rally several times, but it has failed to break his all-time high (ATH). The Smart Contract Platform is experiencing increasing competition from projects such as Solana (SOL), which managed to cut down the market share in the Defi and Smart Contract sector.
However, this does not mean the end of Ethereum. Historically, ETH often first runs behind Bitcoin during a Bull Run, and then catches up with a powerful catch -up. Maybe the real fireworks for Ethereum investors just have to start.
XRP: Strong long -term front views despite recent headwind
Despite the continuous legal fight with the American Securities and Exchange Commission (SEC), XRP continues to perform surprisingly strong in the long term. Where the race was around $ 0.53 a year ago, the token achieved an impressive profit of no less than 540%.
Yet XRP has experienced a lot of headwind in recent weeks. The coin is unable to retain the recent price increase and has fallen from a highlight of $ 3.20 to the current level of $ 2.49. This downward movement emphasizes how volatile the market can be, especially in the midst of uncertainty surrounding the legal battle with the SEC.
Nevertheless, many analysts remain optimistic about the long -term prospects of XRP. The coin is still in a strong bullish trend, and there are signs that the market may be preparing for a new recovery. In the coming months will be crucial to determine whether XRP can continue this positive trend and perhaps even reach new heights.
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Source: https://newsbit.nl/crypto-koersupdate-bitcoin-blijft-stabiel-ethereum-stijgt-2-xrp-verliest-terrein/
