The most important factor remains the flow of institutional money into the crypto asset class. Currently, Bitcoin appears to have a massive edge over Ethereum, with many institutional investors viewing it as a "safe haven" asset that can protect them from volatility in the broader market. We saw this scenario play itself out earlier this year, when a regional banking crisis in the U.S. immediately led to a flow of new money into Bitcoin, which in turn led to rapid price gains. Bitcoin to eth Cryptocurrency Price Today: Bitcoin Dips Below $43,000, SEI Remains Top Gainer For 2nd Consecutive Day

With ChangeNOW, BTC to ETH conversions are simple, transparent, and you don’t even need to register. Let’s say you want to convert 1 Bitcoin to ETH: How to earn crypto? That said, the 2022 bear market highlighted some of the risks of putting cryptos in the same bucket as other alternative assets. Gold and other commodities performed much better than crypto last year, so betting on these digital assets as any sort of hedge against uncertainty is still a strategy that's unproven (considering the world's first crypto, Bitcoin, was conceived post-great financial crisis).