The recent 38% rise of Ethereum against Bitcoin has reignited debates among analysts regarding market opportunities and trends.
Current State of Ethereum and Bitcoin
According to CryptoQuant, the ETH/BTC price ratio has seen a significant rise, signaling a bullish market trend. This change was noted in the second week of May 2025. Currently, the price of Ethereum is $2,395.56, marking a 12.8% increase over the last seven days, while Bitcoin rose by 4.5%. It's also worth noting that Ethereum's market capitalization stands at $287 Billion, compared to Bitcoin's $2.02 Trillion.
Impact of Institutional Demand on Ethereum
Institutional demand for Ethereum is increasing, with most of its circulating supply now held by long-term investors. Data indicate that ETF holdings for Ethereum have been rising since late April 2025. A decrease in exchange inflows and an increase in ETF holdings point towards a growing interest from professional investors in ETH. Over the past weeks, the trading volume of ETH against BTC has risen to 0.89, its highest level since August 2024.
Forecasts and Expert Opinions
Analysts note that for the current rally to hold, the ETH/BTC price ratio must decisively break above the 365-day moving average to confirm a new bull cycle against Bitcoin. Otherwise, Ethereum may face challenges in further growth. Discussions on platforms like Reddit and X (formerly Twitter) also reflect a growing interest in Ethereum, with market participants expressing hope for new waves of growth.
The rise of Ethereum against Bitcoin highlights potential changes in the cryptocurrency market. Institutional demand and price dynamics create conditions for future investment, but crucial resistance levels must be monitored, as they can affect short-term or long-term trends.
