CoinShares: Ethereum Will Bypass Bitcoin

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Over time, Ethereum will surpass Bitcoin, according to institutional and private investors who took part in a recent survey by CoinShares. 42% of respondents are confident that altcoin has the best growth prospects. At the same time, 18% of survey participants believe in the future of bitcoin. Writes about this RBC Crypto.

As of October 8, Ethereum is trading at $ 3.64 thousand, altcoin capitalization is $ 429 billion. At the same time, the price of bitcoin is at $ 55.7 thousand, and its market value reaches $ 1 trillion.

In order for Ethereum to surpass Bitcoin in market capitalization, altcoin needs to rise in price by another 138%. This means an increase in the price of altcoin to $ 8.5 thousand, with the price of the first cryptocurrency unchanged.

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