Bitcoin is the more established and mainstream of the two, which makes ETH just a touch riskier. As with most investments, it's possible Ethereum's higher risk brings with it potential for higher rewards.
Bitcoin is up about 80% for the year, while Ethereum is up about 60%. On the surface, it would appear that Bitcoin is clearly the superior investment in 2023.
However, experts believe that due to its unique blockchain and several use cases, Ethereum has a stable future and might even perform better than Bitcoin in future but is unlikely to overtake the price of Bitcoin.
We think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.
Bitcoin vs Ethereum Hash Rate
However, Ethereum's hash rate is generally much higher than Bitcoin's, meaning that Ethereum is much more secure against 51% attacks (Investopedia).
Crypto is notoriously volatile, and Ethereum is no exception. Don't invest anything you can't afford to lose, be sure you're willing to keep your money invested for at least a few years, and prepare for more volatility in the near term. Also, it's wise to ensure that the rest of your portfolio is well diversified.
Conclusion: Yes, Ethereum Can Reach $100K
The main reasons behind this are the increasing use of Ethereum in the world of digital bonds, real estate, and government and central bank usage of the blockchain network on a state level.
If Ethereum is able to regain those levels, the $100 investment today would be worth $245.07. This represents a return of 145.1% from today's hypothetical investment if the highs are reached again. With the current price, Ethereum has gained significantly from the one-year low of $896.11 hit in June 2022.
Ethereum (ETH) – Overall The Best Next Cryptocurrency to Explode in 2023. Ripple (XRP) – Next Crypto To Explode With 10X Growth Potential in 2023. ApeCoin (APE) – Top Pick for the Most Promising Altcoin To Explode. Binance Coin (BNB) – Next Crypto to Explode Among Exchange Based Coins.
Ethereum (ETH), the second largest cryptocurrency by market capitalisation after Bitcoin, accounts for almost 20% of the $1.1 trillion global crypto market, making it one of the safest long-term bets if you are looking to diversify your portfolio with digital currency.
Can Ethereum Crash to Zero? Many experts have shared their views on just how low Ethereum can realistically get, but few have gone so far as to predict a crash to zero. It's important to note here that Ethereum losing the entirety of its value is highly unlikely, and the same goes for other popular coins like Bitcoin.
With this in mind, our Ethereum price prediction forecasts Ethereum could increase as much as 120% from its current ATH. This could lead to highs of $10,760 by the end of 2025. Our average expected Ethereum coin price forecast is $7,630 and we predict potential lows of $4,500.
So far, ethereum prices are up more than 50% in 2023. Still, additional upside in the year's second half will likely depend on the outlook for monetary policy, further clarity on the crypto regulation front and the growth of decentralized applications, or dApps, on ethereum's programmable blockchain.
Considering all the facts, how much BTC should you own? Numerous researchers say that it is best to own at least 0.0025 BTC as its price is expected to go up in the future. As time progresses, the popularity of cryptocurrencies, such as BTC, is expected to rise rapidly.
After crashing more than 60% last year, the price of bitcoin has skyrocketed 83% in 2023—making it the best-performing asset class among more than two dozen tracked by analysts at Goldman Sachs.
High Growth Crypto Coins and ApeMax: 10 Crypto Coins with 1000x Potential with ApeMax, Big Eyes, Ethereum, Shiba Inu, Chainlink and more. As the quest for the next cryptocurrency with high growth potential gains momentum, the crypto market has witnessed a renewed surge in interest.
It is forecast that bitcoin's price will reach a maximum of $214,232.74 USD by 2026. This is followed by a minimum of $181,308.21 USD, with an average price of $186,289.04 USD by 2026. Meanwhile, some experts see more potential in Bitcoin and predict a price of $274,279.582 USD by then.
The year 2015 was the only time when Ethereum was worth one dollar or less, with the exception of January 2016.
The potential upcoming crash in the Nasdaq 100 (tech stocks), and in Ethereum as a consequence, will be driven by a poor earnings season, Cheung believes. This is one of the conditions that could force ETH's price to break below $1,000 and into $500 for the first time since 2020.
Ethereum, however, has an infinite supply. In January 2021, there were 113.5 million tokens in circulation. As of April 2022, there are roughly 120 million. There are some predictions that after shifting the Ethereum process from PoW to PoS, the supply of Ethereum may be reduced.
According to a projection by VanEck, the Ethereum (ETH) price could skyrocket to $51,000 by 2030 if there's another crypto bull market. The prediction is based on Ethereum (ETH) becoming accepted across various industry sectors, such as finance, healthcare, and insurance.
In 2040, we can expect an average price of Ethereum (ETH) around $23,000 – $25,000, depending on market trends. More positive forecasts predict Ether's coin to be around $40,000.