Ethereum (ETH) excels today with a strong win. Impressive enough, the biggest Altcoin has risen six times as fast than Bitcoin (BTC). For weeks of print Ethereum better results and it does not seem that that image will change quickly, which is good news for everyone who owns Altcoins.
Eth shadowl LONGs $ 3,100
Ethereum may have performed better for a while than Bitcoin, but the biggest cryptoto coin has already richly reward itself with new all-time highs. Ethereum, on the other hand, really has a very long way to go to his record of $ 4,891.
This bull market has not got much further than $ 4,000. However, the price is now at its highest level since 2 February of $ 3,166.
It can write down a profit of 6 percent for the last 24 hours. And that while Bitcoin has only won 1 percent. As a result, the ETH/BTC graph crawls further.
The ETH/BTC graph shows how much one Ethereum (ETH) is worth compared to Bitcoin (BTC). This ratio indicates whether Ethereum is doing better or worse than Bitcoin.
After three previous failed attempts, it has now even risen above an important resistance.
A further increase now seems likely, which is good news for other altcoins. Altseason only started in the past when Ethereum performs better than Bitcoin.
In dollars there is the next stop for Ethereum around 3,500. That would mean a further increase of 10 percent.
Big profits within the Ethereum world
We are already seeing a cautious shift where many altcoins awaken. For example, Ripple (XRP) rose by 26 percent in the past week, Dogecoin (Doge) by 16 percent and Cardano (ADA) by 24 percent. And there are still many coins that even surpass this hard. Stellar (XLM) for example with a profit of 74 percent.
But today the spotlights are focused on the Ethereum ecosystem. Below a selection of the impressive profits:
- Ethereum Name Service: +18,18 procent
- SPX6900 (SPX): +11,38 procent
- Curve DAO Token (CRV): +10,67 procent
- Optimism (OP): +10.23 percent
- Lido DAO (LDO): +9,63 procent
- Arbitrator (arb): +8,76 procent
Source: https://newsbit.nl/ethereum-koers-breekt-uit-tegenover-bitcoin-en-is-op-weg-naar-3-500/
