Although the cryptocurrency market has been quite complicated and volatile recently, Bitcoin and Ethereum are still considered the two leading cryptocurrencies with good growth potential in the long term. Here are the main reasons why investors should pay attention to these two coins:
1. Bitcoin - Standing firm in the price storm:
- Bitcoin has strong support from many political sectors, especially in the US, giving it the potential to thrive globally.
- Plans to establish a Bitcoin reserve fund in the US could push the value of BTC higher.
- Market volatility is normal, but Bitcoin's influence can bring quick profits to investors.
- The launch of Bitcoin-related financial products such as ETFs further increases the opportunity to invest in this coin.
2. Ethereum - Development platform of many cryptocurrency projects:
- Ethereum has strong support from the community and developers, which is an important factor in maintaining and expanding its ecosystem.
- New Ethereum-related financial products such as ETFs provide more investment options for investors.
- Ethereum is seen as a global platform for decentralized applications, with long-term portfolio growth and stability potential.
According to forecasts, Bitcoin and Ethereum prices are expected to increase sharply next year, with expected prices reaching $78,000 for Bitcoin and $4,214 for Ethereum by the end of 2024. These are very impressive numbers, making Bitcoin and Ethereum continue to be two worthy options for investors with a long-term vision.
