BTC vs ETH
BTC vs ETH
Why does Bitcoin perform much better than Ethereum this bull run? Here are the top 3 reasons:
- Institutional money – Bitcoin is the first with ETFs and is better known worldwide, so for now, it gets all the focus and liquidity.
- Competitors – It’s expensive, slow, etc. Solana and other chains are currently more interesting, especially for small investors.
- ETH needs hype – I think it will have it. Looking back: 2017 (ICO hype), 2020 (DeFi and NFTs). We need something new to catch on so people start using ETH more, which drives the price up. (Bitcoin is a store of value; Ethereum is a utility coin – if there are no users, the price can’t go up.) That is my opinion – I would love to hear yours!
Bhanuka Harischandra Answered question February 12, 2025
ETH will advertise itself, web 3.0 is coming, but it’s not there yet.
Bhanuka Harischandra Answered question February 12, 2025