The article explores the potential for Ethereum (ETH) to see a significant price increase, drawing parallels to the 2020 post-halving rally. It notes that Bitcoin's market dominance has been on a gradual decline, which could indicate a shifting dynamic in the crypto market favoring Ethereum.
This decline in Bitcoin’s dominance, falling below 57.75%, suggests that Ethereum might be poised for a bullish trajectory. The comparative analysis between Bitcoin’s dominance and ETH/BTC price action highlights these market dynamics, suggesting a possible increase in ETH's value to $6500.
Булак: www.thecoinrepublic.com ↗