Bitcoin, Ethereum Plummet 5%, But Traders Bet One Will Recover Until 2026

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are down over 10% in the last 30 days, but traders are betting on ETH to outperform until the end of the year.

What Happened: Michael van de Poppe noted that Bitcoin is currently in a corrective phase, while Ethereum continues to show relative strength by holding up well during the pullback.

This divergence is seen as constructive for ETH despite broader market weakness.

BTC’s Most Likely Sweep

Van de Poppe outlined three downside scenarios for Bitcoin, all with realistic odds:

  • Most likely: A sweep of the …

Full story available on Benzinga.com