Analyst Predicts Ethereum May Surpass Bitcoin in Market Cap
- Credible Crypto, a popular cryptocurrency analyst, has shifted to a bullish stance on the ETH/BTC pair after two years of bearish outlook.
- The analyst suggests Ethereum could increase by at least 378% against Bitcoin from its current level.
- Ethereum is currently trading at 0.03164 BTC ($3,231), down about 79% from its all-time high of 0.1515 BTC in June 2017.
- In 2017, Ethereum’s market cap reached $37 billion compared to Bitcoin’s $43 billion.
- The current market cap of Bitcoin is approximately $2.03 trillion, while Ethereum’s is around $390 billion.
The cryptocurrency analyst Credible Crypto believes that Ethereum could potentially surpass Bitcoin in market cap based on technical analysis and historical data comparisons.
Source (2.6)https://dailyhodl.com/2025/01/24/time-to-start-turning-bullish-on-ethereum-against-bitcoin-according-to-crypto-analyst-heres-his-outlook/?rand=59076
