Ethereum Stands Strong Aganist Bitcoin-Here’s When it May Trigger an Altcoin Rally in 2025
The year 2024 turned out to be bullish for the cryptos, with new tokens gaining massive profits along with Bitcoin & Ethereum. While Bitcoin managed to mark a new ATH above $108K, Ethereum failed to sustain above $4000. Meanwhile, the sluggish trend of the ETH price rally failed to disappoint the market participants as they continued to be bullish on the second-largest token. Therefore, the price is expected to revamp a strong upswing in the upcoming days that could elevate the levels beyond $5000 soon.
Besides, the big moves in the world of spot ETFs have been recorded as BlackRock’s ETH holdings now surpass 1M ETH worth over $3.6B. The institutions are accumulating millions of ETH every day and on the other hand, the whales also accumulated huge amounts of ETH during the recent dip. As per the reports, an Ethereum whale accumulated more than $77 million ETH, which hints towards a potential rally for the token in 2025.