Key derivatives market metrics show sophisticated traders are turning their attention to ether (ETH) from the recent market standout, bitcoin (BTC), hinting at a potential outperformance of Ethereum’s native token in the coming weeks. Bitcoin has rallied over 60% this quarter, while ether, the supposedly deflationary currency with bond-like appeal and an ESG-compliant label, has lagged big time, gaining just 35%, CoinDesk data show. The performance gap is even wider over larger time frames, with bitcoin boasting a 163% year-to-date gain versus ether’s 89%.
Related posts
-
Ether ETFs Gain While Bitcoin ETFs Take a $438M Punch – Crypto Markets Reel
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced a challenging Monday, with outflows reaching $438.38... -
DOGE surges, Popcat struggles as trending ETH hybrid coin hits $1m
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S....