There has been a lot of change in the crypto market these last few days, but while market experts continue to praise the Bitcoin price for its resilience, the Ethereum price has not received much in this area.
The Ethereum price has not met many investors’ expectations in the last months, with a price formation that looks like it is going on a free fall. However, while the Ethereum price continues to struggle, the Bitcoin price has continued to set a new high, reaching $108k in December and climbing higher to $109k in January. In contrast, Ethereum has continued to fall lower since December 2024, reaching a low of $2,755 by the last week of January 2025.
However, while investors continue to ask questions about the possible direction of the Ethereum price in the coming months, a new altcoin is already showing a bigger threat. Let’s dive deeper into the price action and future projection of the Bitcoin and Ethereum Prices, and this new altcoin could be the new ETH replacement.
With the current market turmoil, it will be tempting to ask, “Is the bull run over?” This also follows the Bitcoin price performance in the last weeks, which saw it cross old ATH to set not just one but two different ATH in the last 2 months. In December 2024, the Bitcoin rally saw it climb to a new ATH above 100k to set the $108k all-time high. However, with the new year’s opening comes a new movement that saw the Bitcoin price return from its correction to another new high of $109k, the latest BTC ATH.
However, given the crypto market’s current state BTC falling below $100k and currently trading at $97k it might be tricky to assume a bullish continuation. However, according to the latest tweet from a top financial analyst, Robert Kiyosaki, he believes “this is the best time to get rich.” This is as he speculates the bull run could continue.
The recent decline in Ethereum’s price could be primarily motivated by the rising number of competitors shifting their attention away from Ethereum. One factor is how many new altcoins and lower-ranking altcoins to Ethereum have shown better scalability and lower fees. This has continued to see the Ethereum price take a hit in the last few months, with the current price barely halfway above its all-time high.
According to the ETH price action, the current bearish setup could see the price fall to a low, which might cause USDT to take over its position soon. As the price continues to sell below the 7 and 50 SMA on the weekly chart, a fall below the 100 SMA at $2,567 could be seen on a free fall more than imagined.
With the Ethereum price falling deeply lately and experts speculating about new innovative altcoins as the main factor, the Remittix token’s entrance to the market could deal a big blow to Ethereum.
The Remittix token is a new presale token from the Remittix exchange that is already showing big potential in its presale. This token is a high utility token with over 4x already in its presale phase, and it has raised over $11.5M in the funding round. One major factor putting this new presale token on the global crypto map is the Remittix solution in crypto payment, which is set to set a new direction in crypto usage.
The Remittix exchange gives users the new decentralized power to send money for payment and other uses, which is delivered as FIAT to the receiver’s bank account. This final blow says bye to crypto’s low utility for crypto users because now, your crypto can give you the freedom to do more through the Remittix platform.
Take a chance with the Remittix token today at $0.0567 to get more profit from your investment. Check the links below to get started.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix