How Ethereum has outperformed Bitcoin by 250% since inception
With a 3,7% loss in the last week and 2.7% in the last hour, Bitcoin’s price sits near critical support. On the other hand, Ethereum managed to climb to a new all-time high and sits on top of two fast-growing sectors: DeFi and NFTs. Former Goldman Sachs Executive Raoul Pal has shown data to demonstrate […]
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Real Vision’s Raoul Pal believes that altcoins with an active ecosystem of devs and apps will likely beat out Bitcoin over time. Real Vision co-founder and CEO Raoul Pal has sparked a spirited debate after predicting that Ethereum and other coins with "network effects" will outperform Bitcoin over time.Pal shared a chart of Ether’s price relative to BTC since Aug. 7, 2015 — six years after Bitcoin was created — showing that “ETH has outperformed BTC by 250%.”Fascinating to see that since inception ETH has outperformed BTC by 250%. It only fell below its initial price in BTC for the first....
Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the worst performer after the long-awaited Merge proved to be a ‘buy the rumour, sell the news’ event.” Increased tether and U.S. dollar trade volumes for bitcoin are said to suggest panicking investors were dumping depreciating currencies in favor of the cryptocurrency. Ethereum Sees ‘Biggest Decline’ According to the latest Cryptocompare report, bitcoin, which....
Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed S&P500 Goldman Sachs released a research note last week listing 19 large-cap U.S. stocks with blockchain and cryptocurrency exposure that outperformed the S&P 500. Ben Snider, the bank’s strategist and managing....
Ethereum has been experiencing high volatility in the daily chart. At the time of writing, ETH trades at $2,240 with losses in lower timeframes. In the 7-day chart, Ethereum shows some profits. The second cryptocurrency by market cap has been leading the charts with a 13.4% during the last week. ETH has outperformed Bitcoin and […]
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity has slowed compared to last summer’s statistics. Despite the onchain dips, this year ethereum markets outperformed bitcoin in Q1 and Q2. Ethereum 2.0 Contract Now Holds 6 Million Ether Worth $12.4 Billion, Onchain Ether Stats Slide There’s been a lot of focus on the Ethereum (ETH)....