{"id":25790,"date":"2023-07-20T08:44:36","date_gmt":"2023-07-20T08:44:36","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/07\/20\/ethereums-price-lags-behind-rival-cryptocurrencies-if-ethereum-follows-bitcoin-a-new-yearly-high-might-be-in-the-cards\/"},"modified":"2023-07-20T08:44:37","modified_gmt":"2023-07-20T08:44:37","slug":"ethereums-price-lags-behind-rival-cryptocurrencies-if-ethereum-follows-bitcoin-a-new-yearly-high-might-be-in-the-cards","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/07\/20\/ethereums-price-lags-behind-rival-cryptocurrencies-if-ethereum-follows-bitcoin-a-new-yearly-high-might-be-in-the-cards\/","title":{"rendered":"Ethereum&#8217;s price lags behind rival cryptocurrencies. If Ethereum follows Bitcoin, a new yearly high might be in the cards."},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685714664580-d1634535-b598-4ff2-b826-1ce04b504d3d-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685714664580-d1634535-b598-4ff2-b826-1ce04b504d3d-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685714664580-d1634535-b598-4ff2-b826-1ce04b504d3d-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685714664580-d1634535-b598-4ff2-b826-1ce04b504d3d-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/06\/1685714664580-d1634535-b598-4ff2-b826-1ce04b504d3d.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Ethereum\u2019s price lags behind rival cryptocurrencies<\/li>\n<li>If Ethereum follows Bitcoin, a new yearly high might be in the playing cards<\/li>\n<li>Next week\u2019s Federal Reserve assembly is vital for the US greenback<\/li>\n<\/ul>\n<p>The cryptocurrency market bounced strongly in 2023. Following a disappointing 2022, bulls are again as Bitcoin and different main cryptocurrencies rallied laborious.<\/p>\n<p>For instance, Bitcoin gained 81.86% YTD whereas Ripple rose as a lot as 137.53%. Compared with the two, one might say that Ethereum price lags, up \u201conly\u201d +58.37% this 12 months.<\/p>\n<p>In different markets, such returns are deemed actually unimaginable. Not in the cryptocurrency market, although, the place fortunes are made (and misplaced) virtually in a single day.<\/p>\n<p>So can one purchase Ethereum due to the lack of momentum in comparison with its friends? Moreover, following Bitcoin\u2019s steps, will Ethereum make a new high for the 12 months?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/06\/20\/1689841506842-308baad4-0a82-45c6-bbc6-4f963b93a2fc.jpg\" style=\"width: 1800px\" class=\"fr-fic fr-dib\" width=\"1800\" height=\"489\"\/><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/?exchange=CRYPTO\" rel=\"noopener noreferrer\" target=\"_blank\">Ethereum chart by TradingView<\/a><\/p>\n<h2>Federal Reserve to hike the funds charge once more subsequent week<\/h2>\n<p>Next week will be decisive for the quick and medium-term perspective on the US greenback. The Federal Reserve of the United States is because of set the financial coverage subsequent Wednesday, and the likelihood of a hike is near 100%.<\/p>\n<p>Never in historical past did the Fed ignore what the market has already priced in, so a charge hike is for certain.<\/p>\n<p>But the Fed could simply flip the tables round throughout the press convention that follows the FOMC Statement.<\/p>\n<p>If the Fed Chair, Jerome Powell, hints at the terminal charge being hit, then the market will attempt to anticipate when the first charge reduce will be delivered.<\/p>\n<p>Hence, whereas a charge hike subsequent week is hawkish the greenback, the Fed could ship a dovish message throughout the press convention. If that&#8217;s the case, count on Ethereum to make a new high for the 12 months.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/should-you-buy-ethereum-as-it-diverges-from-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ethereum\u2019s price lags behind rival cryptocurrencies If Ethereum follows Bitcoin, a new yearly high might be in the playing cards Next week\u2019s Federal Reserve assembly is vital for the US greenback The cryptocurrency market bounced strongly in 2023. Following a disappointing 2022, bulls are again as Bitcoin and different main cryptocurrencies rallied laborious. For [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[20,1652,414,108,83,257,2659,110,5572,3005],"class_list":["post-25790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-bitcoin","tag-cards","tag-cryptocurrencies","tag-ethereum","tag-ethereums","tag-high","tag-lags","tag-price","tag-rival","tag-yearly","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=25790"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25790\/revisions"}],"predecessor-version":[{"id":25791,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25790\/revisions\/25791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/24898"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=25790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=25790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/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