Cryptocurrency surpassing bitcoin

Market participants predict that Ethereum will surpass bitcoin in growth rates in a few years. A CoinShares survey showed that 42 percent of investors call Ethereum the cryptocurrency with the most compelling prospects.


Only 18 percent of market participants believe in bitcoin's future, though both cryptocurrencies are equally important among digital assets. Both bitcoin and Ethereum are invested by almost 30 percent of investors surveyed. Other popular digital assets included Cardano and Polkadot.


The main reason for investing in cryptocurrency respondents (35 percent) named speculative strategies. 23 percent of respondents see digital assets as a tool to diversify portfolios. At the same time, the main concern for investors are regulatory measures and the prohibition of cryptocurrency at the state level - these risks were the key risks for 58 percent of the respondents.


As of this writing, Ethereum is trading at $3,668, according to the platform. The cryptocurrency has risen in value by more than 900 percent in a year. Ethereum's capitalization reaches $421 billion. Bitcoin is worth $55,502. The market valuation of the most popular cryptocurrency is one trillion dollars.


On October 6, the price of bitcoin exceeded $55,000. Because of the rapid growth analysts began to give optimistic forecasts for the further course of the cryptocurrency. An analyst from TradingView predicted bitcoin growth to 100 thousand .


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