Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BLOCKCHAIN NEWS»Ethereum is likely to outperform Bitcoin in the medium term.
BLOCKCHAIN NEWS

Ethereum is likely to outperform Bitcoin in the medium term.

By Crypto FlexsJanuary 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum is likely to outperform Bitcoin in the medium term.
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum is outperforming Bitcoin, driven by market expectations of a potential spot ETH ETF being approved.

Ethereum (ETH) is showing signs of outperforming Bitcoin (BTC) in the medium term, according to QCP Capital’s latest market update report. This change in market dynamics is tied to expectations of a potential approval for a spot ETH ETF.

6/ The next major cryptocurrency events are the BTC halving (mid-April) and the potential ETH spot ETF approval in May. In the meantime, cryptocurrencies may take some direction from macroeconomic events.

— QCP Capital (@QCPCapital) January 17, 2024

Recently, the U.S. Securities and Exchange Commission (SEC) approved several spot Bitcoin ETFs, which boosted the value of Ethereum by more than 5%. On the other hand, the price of Bitcoin fell more than 6% during the same period.

QCP Capital analysts predict that Ethereum’s upward trajectory is likely to continue, especially as talk shifts toward the possible approval of an ETH spot ETF. The report also highlights a notable increase in the ETH/BTC exchange rate, rising from 0.05 to 0.06 within a week.

Upcoming important events in the cryptocurrency space, such as the Bitcoin halving in mid-April and the possible approval of an Ethereum ETF starting in May, are also expected to influence market trends.

The potential for a spot Ether ETF gained further momentum following comments from BlackRock CEO Larry Fink, who acknowledged the value of such a product in the United States. BlackRock, the world’s largest asset management company, applied for a spot Bitcoin ETF in June and then applied to the SEC for an Ethereum spot ETF in November.

The ratio of Ethereum circulating supply to profits also increased last week, reaching a multi-year high of 91.8%. Bitcoin declined by 86.2%, indicating increasing investor confidence in Ethereum compared to Bitcoin.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

British trail EU, US encryption regulation, think tank warning

June 22, 2025

ZKJ Crypto Price Pumps 20%: Dead Cat Bounces?

June 17, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

Bitcoin trader expects a drop and sees $ 100K

June 3, 2025

Bitcoin ‘Receives Surrender’ as Liquidity Risks BTC Price Below $50,000

October 10, 2024

US Spot Bitcoin ETF Records $50 Million Inflows, Ether ETF Returns to Positive Flows

August 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.