Bitcoin NewsCryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

Bitcoin And Ethereum Surge To New ATH – Here Are The Price Triggers

Source: Pixabay

The optimistic crypto predictions continue despite the massive market volatility. Check out the latest reports about the price of Bitcoin and Ethereum below.

Bitcoin and Ethereum new price predictions are out

Crypto veteran Bobby Lee said that he remains bullish on Bitcoin (BTC), Ethereum (ETH). He’s also bullish on the wider crypto market despite the recent downturn.

In an interview with Bloomberg, Lee made sure to explain the fact that if the predictions for a severe crypto winter fail to materialize, Bitcoin and Ethereum will easily go back to their ATHs recorded back in November of 2021.

He also explained the fact that the upgrade that will see Ethereum transition from a proof-of-work (PoW) consensus mechanism to proof of stake (PoS) will serve as the catalyst that will boost the two coins to their new ATHs.

“I’m very bullish on Bitcoin and cryptocurrency. It’s just that I think last time I was on the show I was worried about the price. In the short term, there was a price correction. And compared to then, Bitcoin and Ethereum have both come up more than 20% in price. And I think I think the call for bear market that might be premature. We’ll see. Right.”

He continued and explained the following:

“If the bear market doesn’t materialize, you could easily see Bitcoin and Ethereum go back up towards their previous highs, especially with this upcoming upgrade for Ethereum. This is very important for the cryptocurrency ecosystem. Everyone’s anticipating it.”

At the moment of writing this article, both BTC and ETH are trading in the red. BTC is priced at $24,512 and ETH is trading at $1,980.

In other recent relevant news, institutional investors are a great part of crypto mass adoption these days. Check out the latest reports about this revealed by Coinbase’s CFO in our previous article. Stay tuned for more news.

Related posts
Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

New Bitcoin Price Prediction For 2031 Is Out

Bitcoin NewsCryptocurrency NewsGlobal Crypto NewsLatest News

Parabolic Bitcoin Rally Prediction Is Here

Bitcoin NewsCryptocurrency NewsEthereum NewsGlobal Crypto NewsLatest News

Ethereum To Outperform Bitcoin, New Reports Say

Bitcoin NewsLatest News

Crypto in gambling could stimulate Bitcoin use in the everyday economy

>
Send this to a friend