Bitcoin Or Ethereum: Which Coin Is A Better Investment?

After suffering a massive sell-off in 2022, this year started with a bang for all major cryptocurrencies. Bitcoin and Ethereum, two leading digital assets of the cryptocurrency market, have always been the center of attraction for crypto traders. So, it’s quite understandable when someone wants to choose between Bitcoin vs Ethereum for the long-term investment option.

Bitcoin vs Ethereum: Let’s put their performance in perspective

Are you looking to start your long-term crypto journey and curious about the future of bitcoin vs Ethereum? You are at the right place, here is a quick rundown of some of the biggest considerations regarding the investment outlook for each cryptocurrency.

Bitcoin: BTC price eyeing $25K

Bitcoin price is currently valued at $22,953.15 and has a $24,117,660,098 24-hour trading volume. With a live market worth $442 billion, BTC has gained over 38% in the past four weeks.

The recent price surge might expose BTC to levels as high as $23,900 and $25,150 in the forthcoming months. Now, talking about whether Bitcoin is a good long-term investment or not. So, many crypto experts believe that for the next one to three years, BTC prices will be bullish and may touch new heights soon.

Ethereum’s Price Holds Steady at $1.6k

The price of Ethereum in the last 24 hours was $1,633.93, with a trading volume of $6,700,985,956. On the upside, ETH is anticipated to face a bullish crossover that might expose ETH to $1,750. In the past 30 days, Ethereum has risen nearly to 36%.

Ethereum has remarkable long-term staying power in terms of utility and real-world use cases. From being the pioneer of the concept of smart contracts to an innovation leader when it comes to decentralized finance and non-fungible tokens, Ethereum has shown its dominance in the world.

Bitcoin vs Ethereum: Conclusion

Both the leading cryptocurrencies have strong growth potential, but at the same time, they are extremely volatile. That means investing in cryptocurrencies for the long term involves carefully considering factors such as technology, adoption, regulation, market demand, and detailed research.

Also Read: First Golden Crossover Of 2023 Sets Bitcoin Price To Cross Above $40000