April 30, 2024

Ethereum price to reach $ 10,000 by the end of 2021

Ethereum price to reach $ 10,000 by the end of 2021

Fundstrat analysts in a weekly report predicted further growth of the Ethereum price to levels above $10,000 in 2021.

According to the document, the attention of investors is shiftingfrom bitcoin to the second largest cryptocurrency by capitalization and other segments such as DeFi and Web 3.0. This is facilitated, among other things, by the development of new applications in the ecosystem, the researchers added.

Experts noted that the capitalization of Ethereumreached about 30% of the total market value of bitcoin. According to the Fundstrat chart, a similar situation was observed in the first half of 2017 on the eve of a bullish rally.

Ethereum price to reach $ 10,000 by the end of 2021

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Analysts are also confident thatBitcoin price will reach $100,000 in 2021, and the total cryptocurrency market capitalization will exceed $ 5 trillion.

On May 2, the Ethereum rate updated its all-time high at $ 2947.

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Recall that TV star Kevin O’Leary said that Ethereum “will always be number two” after digital gold.

Earlier, JPMorgan experts named the reasons for the superiority of the second cryptocurrency by capitalization over Bitcoin.

Where is it more profitable to buy Ethereum? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Ethereum price to reach $ 10,000 by the end of 2021

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