BasEx | Will Ethereum Outpace Bitcoin in Price Growth?
Opinion: Ethereum to Outpace Bitcoin in Price Growth
21.01.2023
Opinion: Ethereum to Outpace Bitcoin in Price Growth

Forecasts suggest that in the medium term, Ethereum will surpass Bitcoin in price growth, particularly in anticipation of the approval of a spot ETF based on this cryptocurrency in the USA, reports QCP Capital.

Following the SEC's approval of 11 applications for new products, Bitcoin lost more than 7% in value over the week, while Ethereum demonstrated greater price stability.

QCP Capital analysts also note the rise in the ETH/BTC pair quotes from 0.05 to 0.06 over the last week.

Michaël van de Poppe, founder of MN Trading, also expresses optimism regarding the future of Ethereum, foreseeing a "continuation of the upward trend".

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