Ethereum (ETH) has demonstrated remarkable strength in the face of market volatility, dipping only 8% to $3,367, while Bitcoin (BTC) plummeted nearly 12% to $60,950. This divergence in price action has piqued the interest of experts, who point to several key factors contributing to Ethereum's resilience. The upcoming Ethereum ETF and reduced supply are expected to drive demand and increase ETH's value, bolstered by German investors' confidence in the cryptocurrency.

Unlike Bitcoin, Ethereum is shielded from the potential liquidations resulting from Mt. Gox repayments, providing its investors with a sense of security and stability. This immunity has allowed Ethereum to maintain its ground, even as the broader crypto market faces uncertainty. With the Ethereum ETF on the horizon, experts anticipate a surge in demand, further propelled by the reduced supply of ETH. As investors seek refuge in a relatively stable asset, Ethereum's price is poised to benefit, potentially outperforming Bitcoin in the short term.

The contrast in price action between Ethereum and Bitcoin is a testament to the unique factors influencing each cryptocurrency. While Bitcoin grapples with the aftermath of the Mt. Gox debacle, Ethereum's detachment from this issue has allowed it to emerge as a relatively safe haven for investors. As the market continues to evolve, Ethereum's resilience may prove to be a key factor in its potential price surge, solidifying its position as a leading cryptocurrency.