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Bitcoin and Ethereum Continue to Compete in the Crypto Market: Who Will Win?

Bitcoin and Ethereum Continue to Compete in the Crypto Market: Who Will Win?

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by Giorgi Kostiuk

3 hours ago


Discussions about the prospects of Bitcoin and Ethereum continue in the crypto market. These two assets are at the center of attention despite numerous doubts and uncertainties.

Bitcoin Maintains Leadership

Bitcoin continues to generate heightened attention due to its scarcity and role as a digital asset. According to Santiment, the current illiquid supply of Bitcoin has reached a record of 14.3 million BTC, while over 70% of coins are stored in dormant wallets. This indicates a high level of investor confidence.

Ethereum Attracts Institutional Investments

Ethereum also holds a significant position in the market, thanks to its utility in DeFi, staking, and gaming. Institutional investors are beginning to accumulate ETH, indicating its growing appeal as an asset for more diversified investment portfolios.

Other Players in the Crypto Market

Other assets are also actively emerging in the market, such as Dogecoin, which is preparing to launch the first DOGE ETF in the US. Interest in the project is growing amid support from an active community. Meanwhile, Tether and MicroStrategy continue to strengthen their positions, with Tether investing over $8.7 billion in gold and MicroStrategy considering inclusion in the S&P 500 index.

The prospects for Bitcoin and Ethereum remain uncertain, and while both assets attract attention, many factors influence their future on the market.

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