The two top-most coins of the crypto space, i.e., Bitcoin and Ethereum, has followed a somewhat similar trend. The charts clearly depict that the duo started the trading yesterday at a positive note but went on declining.
BTC Vs. ETH Current Statistics (On August 21 at UTC 11:39):
| Parameters | Ethereum (ETH) | Bitcoin (BTC) |
| Price (USD) | 188.01 | 10133.72 |
| ROI | 6,547.50% | 7,451.86% |
| Market Rank | 2nd | 1st |
| Market Cap | 20,218,252,851 USD | 182,778,189,519 USD |
| 24-Hour Volume | 7,075,900,538 USD | 16,663,752,663 USD |
| Circulating Supply | 107,411,395 ETH | 17,888,450 BTC |
| Price in BTC | 0.01851067 | NA |
Bitcoin Vs. Ethereum Comparison:
In the intraday trading yesterday, both have shown some sign of decline. Till early morning, i.e., 03:00 UTC today, the cryptos were showing a relatively slow action. In this period, Bitcoin has declined by 3.91% and Ethereum by 5.63%. However, around 03:00 UTC, there was a major plunge happened in the coins. The slowdown that occurred dragged Bitcoin by 3.35% to the level of 10,245 USD and Ethereum fell by 2.71% to the level of 187.39 USD. The coins showed some strengthening afterward and moved toward the current levels.
Bitcoin Vs. Ethereum Price Prediction:
As per our analysis, the whole crypto space is declining, and once the market goes bullish, these coins will follow the trend as well. For Bitcoin, the long-term prediction is around $15K, and for Ethereum, it may cross its 90-Day high of $361. As of now, Ethereum faces immediate resistance at 190.27 USD and support at 187.24 USD. For Bitcoin, the immediate resistance is at 10,417.5 USD and support level at $10,009.51.
Conclusion:
These two cryptos decide the movement of the market. And if the coins are facing a slowdown, the whole altcoin space has a similar tendency. The short-term trends in both coins are bearish. With that said, the long-term will be bullish.
