Two of the best coins on Binance are Bitcoin (BTC) and Ethereum (ETH). Both have established themselves as leaders in the cryptocurrency market and offer robust investment opportunities.
Bitcoin, the original cryptocurrency, has reached an all-time high (ATH) of approximately $69,000 in November 2021. Its all-time low (ATL) was about $0.08 back in 2010. Currently, Bitcoin's average price fluctuates around $20,000 to $30,000, depending on market conditions. Bitcoin's price movements are often characterized by significant volatility, with periods of rapid growth followed by corrections. Its price charts typically show strong bullish trends interspersed with corrections, reflective of both market confidence and speculative trading.
Ethereum, the second-largest cryptocurrency by market capitalization, has seen an ATH of about $4,870 in November 2021. Its ATL was around $0.42 in 2015. Ethereum's current average price is typically between $1,500 and $2,500. Known for its smart contract functionality, Ethereum supports a wide range of decentralized applications (dApps). The price movements of ETH also exhibit volatility but are driven by its network's growth and increasing adoption in decentralized finance (DeFi) and non-fungible tokens (NFTs).
Both BTC and ETH have shown potential for significant extension and growth. Their price charts often feature patterns like bull flags and ascending triangles, indicating possible upward trends. Candlestick analysis for these coins often highlights strong buying interest during market dips, suggesting ongoing investor confidence. As foundational assets in the crypto market, BTC and ETH continue to be key players, with potential for substantial future growth.
