03-30-2022, 09:00 PM
Will ETH Lead The Next Bull Run?
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/"> <img src="https://b.thumbs.redditmedia.com/8RZGR6Z4aYHv-TqUs6cu_0pOhpol2UkeONyV2l-prus.jpg" alt="Will ETH Lead The Next Bull Run?" title="Will ETH Lead The Next Bull Run?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://getblock.io/nodes/eth/?utm_source=reddit&utm_medium=social&utm_campaign=promo">Ethereum (ETH)</a> volumes appeared to be converging with those in its larger peer <a href="https://getblock.io/nodes/btc/?utm_source=reddit&utm_medium=social&utm_campaign=promo">Bitcoin BTC</a>, recent data showed. The world’s second-largest cryptocurrency has seen a spike in interest this year ahead of a widely anticipated shift to a proof-of-stake (PoS) model. </p> <p>ETH price has surged over 20% in the past two weeks, and was trading at around $3,400- close to breaking even for the year. Daily volumes have also steadily risen, averaging at roughly $20 billion over the past week.</p> <p>BTC price also shot up to 2022 highs this week, and was trading around $47,000. But while volumes did increase, they were substantially lower than the massive amounts of liquidity seen in 2021. Still, the world’s largest cryptocurrency commanded over 40% of total crypto market capitalization.</p> <p>But the latest crypto rally has also seen several altcoins vastly outperform BTC, while notching record highs in market capitalization. A similar scenario was observed during the start of the 2021 rally, which had eventually challenged BTC’s dominance.</p> <p>And so the question is will <a href="https://getblock.io/nodes/eth/?utm_source=reddit&utm_medium=social&utm_campaign=promo">ETH</a> lead the next Bull Run?</p> <p><a href="https://preview.redd.it/hj8ewb9bejq81.png?width=2048&format=png&auto=webp&s=7edd68278f06880ffb48ae4bd5a447f944501aa9">https://preview.redd.it/hj8ewb9bejq81.png?width=2048&format=png&auto=webp&s=7edd68278f06880ffb48ae4bd5a447f944501aa9</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/getblockio"> /u/getblockio </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/"> <img src="https://b.thumbs.redditmedia.com/8RZGR6Z4aYHv-TqUs6cu_0pOhpol2UkeONyV2l-prus.jpg" alt="Will ETH Lead The Next Bull Run?" title="Will ETH Lead The Next Bull Run?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://getblock.io/nodes/eth/?utm_source=reddit&utm_medium=social&utm_campaign=promo">Ethereum (ETH)</a> volumes appeared to be converging with those in its larger peer <a href="https://getblock.io/nodes/btc/?utm_source=reddit&utm_medium=social&utm_campaign=promo">Bitcoin BTC</a>, recent data showed. The world’s second-largest cryptocurrency has seen a spike in interest this year ahead of a widely anticipated shift to a proof-of-stake (PoS) model. </p> <p>ETH price has surged over 20% in the past two weeks, and was trading at around $3,400- close to breaking even for the year. Daily volumes have also steadily risen, averaging at roughly $20 billion over the past week.</p> <p>BTC price also shot up to 2022 highs this week, and was trading around $47,000. But while volumes did increase, they were substantially lower than the massive amounts of liquidity seen in 2021. Still, the world’s largest cryptocurrency commanded over 40% of total crypto market capitalization.</p> <p>But the latest crypto rally has also seen several altcoins vastly outperform BTC, while notching record highs in market capitalization. A similar scenario was observed during the start of the 2021 rally, which had eventually challenged BTC’s dominance.</p> <p>And so the question is will <a href="https://getblock.io/nodes/eth/?utm_source=reddit&utm_medium=social&utm_campaign=promo">ETH</a> lead the next Bull Run?</p> <p><a href="https://preview.redd.it/hj8ewb9bejq81.png?width=2048&format=png&auto=webp&s=7edd68278f06880ffb48ae4bd5a447f944501aa9">https://preview.redd.it/hj8ewb9bejq81.png?width=2048&format=png&auto=webp&s=7edd68278f06880ffb48ae4bd5a447f944501aa9</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/getblockio"> /u/getblockio </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts8mbp/will_eth_lead_the_next_bull_run/">[comments]</a></span> </td></tr></table>Kind Regards R