Bitcoin will soon overwrite the high of 2019, Ethereum miners balance records an unexpected dump

Bitcoin will soon overwrite the high of 2019, Ethereum miners balance records an unexpected dump

The latest statistics reveal a favorable development in the price of Bitcoin. At the same time a decline for Ethereum miners.


27 Oct 2020 , 20:34 @ Katie Müller

Bitcoin will soon overwrite the high of 2019, Ethereum miners balance records an unexpected dump

The latest statistics reveal a favorable development in the price of Bitcoin. At the same time a decline for Ethereum miners.

According to analysts from Santiment, we are currently witnessing two interesting situations for Bitcoin and Ethereum. The Bitcoin market, is currently very promising, recently reaching $ 13,745 (binance). If BTC maintains this pace, all indications lead to Bitcoin being able to overcome the previous high of June 2019 of $ 13,970 (binance).

When Bitcoin beats the high of 2019, BTC will be at the highest price from January 15, 2018.

ETH miners currently do not have as much reason to rejoice as BTC traders, as their balance has been hit by an unexpected dump in recent days.

Ethereum is currently trading around $ 400, down by 18% from the September high of $ 489 (binance).

Recently, however, we also wrote to you about Ethereum being the first to overcome BTC in terms of the value of transferred ETH during this year. Ethereum has so far surpassed Bitcoin by approx. $ 200 billion, and by the end of the year, a total of more than $ 1 trillion ETH is expected to be transferred.

Read also: The U.S. is behind the sharp rise in Bitcoin searches on Google

If you like our articles we would be happy if you give us a like / follow

    1,723 Views
    Share to:

    Publication author

    offline 16 hours

    Katie Müller

    3
    Comments: 0Publics: 282Registration: 15-02-2020
    Author Image
    October 27, 2020
    Authorization
    *
    *
    Password generation