Ethereum Price: Analyst Predicts ETF To Boost ETH Performance Over BTC

Quick Summary:

Over the past two months, Ethereum has been performing better than Bitcoin, with analysts expecting an increase in the coming days due to the launch of an Ethereum ETF.

This is expected to strengthen ETH against BTC, especially in the case of a bearish divergence on the BTC weekly chart.

The market has Ether futures priced lower than Bitcoin futures even as investors expect better performance of ETH after the ETF launch.The U.S.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Bitcoin vs Ethereum News Ethereum News 24/7 Cryptocurrency News Spot Ethereum ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-13 @ 22:05:41 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21600567

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 38 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

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Publisher ID: #59

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