Crypto:
36635
Bitcoin:
$92.366
% 1.02
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.366
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Ethereum Ahead of Bitcoin? New Analysis from Santiment!

bitcoin ethereum

Crypto analytics platform Santiment has suggested that in the short term, Ethereum (ETH) has “a slightly more positive path” compared to Bitcoin (BTC).

Social Media Interest Makes a Difference

According to Santiment’s data, investor enthusiasm and “greed” levels for Bitcoin spiked exactly as BTC reached its new all-time high. In contrast, Ethereum received far less social media hype. Santiment noted that this lack of excessive interest could provide a healthier foundation for ETH’s price growth.

The ETH/BTC ratio has surged 32.9% over the last 30 days, showcasing Ethereum’s relative strength.

Price Action: Pullbacks After Record Highs

Last week, Bitcoin reached $124,128, setting a new all-time high (ATH). However, it quickly retraced by 5.1%, falling back to $117,939.

Ethereum, on the other hand, came close to retesting its 2021 peak of $4,878 but fell just 1.94% short before pulling back to $4,448.

Expert Predictions for Ethereum

With institutional adoption accelerating and stablecoin usage on the rise, analysts have been revising their targets for Ethereum.

  • Crypto trader Yashasedu suggested that if Bitcoin climbs to $150,000, ETH could reach as high as $8,656 based on past bull market patterns.

  • Standard Chartered has also raised its 2025 Ethereum price forecast from $4,000 to $7,500.

According to Santiment, while Bitcoin faces short-term selling pressure due to overly bullish sentiment, Ethereum’s more moderate hype could be a sign of a healthier market structure. This divergence may allow ETH to outperform BTC in the coming months.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our TelegramYouTube, and Twitter channels for the latest news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *