Bitcoin (BTC -2.64%) has dropped from all-time highs in late 2022, but has bounced back in recent weeks. Is this a bull run and will the cryptocurrency get to $50,000 again? This video digs into why competing blockchains like Ethereum (ETH -5.53%) and Solana (SOL 1.06%) may have more upside.
*Stock prices used were the midday prices of Aug. 17, 2022. The video was published on Aug. 18, 2022.
Travis Hoium has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy.
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