Going to buy Bitcoin (BTC) or Ethereum (ETH)

Technical analysis report updated on 05/02/2023

Introduction to the history of two cryptocurrencies

Bitcoin development history

Bitcoin (BTC) coins were recorded by Coin Market Cap system on April 28, 04.

Currently, on the Bitcoin market, it is possible to exchange for 9960 other digital currencies.

Bitcoin is currently ranked 1st on the cryptocurrency rankings by market cap

Ethereum Development History

The Ethereum (ETH) coin was recorded by the Coin Market Cap system on August 07, 08. If compared with Bitcoin, this coin was born later

Currently on the Ethereum coin market, it can be exchanged for 6417 other digital currencies (This number is only 0.64% compared to Bitcoin)

Ethereum is currently ranked 2nd on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of the recent growth between Bitcoin and Ethereum

Growth rate Bitcoin (BTC) Ethereum (ETH) Gap (BTC - ETH)
Within 24 hours -0.69% 0.98% -1.68%
Within 7 days 1.68% 6.31% -4.63%
Within 30 days 39.02% 34.40% 4.63%
Within 60 days 37.74% 33.60% 4.15%
Within 90 days 10.15% 3.41% 6.74%

Analysis by growth

Over the last 3 months, Bitcoin has seen a tremendous growth of 10.15%. As for Ethereum, there has also been a slight growth in the last 3 months

Compare total supply value and market capitalization

Bitcoin (BTC) Ethereum (ETH)
Maximum total supply 21,000,000 --
Circulating supply 19,281,356 122,373,866
Total supply 19,281,356 122,373,866

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy Bitcoin or Ethereum

Reasons to buy Bitcoin

In the long term is a 90 day period Bitcoin has had good growth and in the short term there has been a certain price correction. If you firmly believe this is a potential coin and will be valuable in the long run

Reasons not to buy Bitcoin

Reasons to buy Ethereum

Reasons not to buy Ethereum

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

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