Ethereum could outperform Bitcoin in the longer term despite BTC halving

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Bitcoin News

Ethereum,Cryptocurrencies

Bitcoin (BTC) halving is headlining almost every discussion in the crypto market on Wednesday.

MicroStrategy CEO Michael Saylor influences the crypto community in Bitcoin halving hype. Bitcoin halving hits peak popularity in Google Trends data. Ethereum has the potential to produce higher returns than Bitcoin regardless of halving, says Greg Magadini. Bitcoin halving is headlining almost every discussion in the crypto market on Wednesday.

Greg Magadini, director of derivatives trading at Amberdata, said in a recent article on CoinDesk that the halving narrative is already priced into short-term Bitcoin options. He analyzed that while Ethereum may be lagging recently, it may be poised for tremendous growth in the future. He painted a picture of his thesis comparing Bitcoin derivatives to Ethereum.

Source: News Formal (newsformal.com)

Ethereum Cryptocurrencies

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin (BTC) Eyes New All-Time High, Ethereum (ETH) Trails, Coinbase (COIN) RalliesBitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.
Source: DailyFX - 🏆 305. / 63 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crashing spot ETF flows ferment BTC investor sentimentFollowing the Federal Open Market Committee (FOMC) meeting and press conference on Wednesday, Bitcoin price has shown strength.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC stuck under $65K ahead of FOMCBitcoin (BTC) price slipped below the $65,000 threshold on Tuesday, bringing down with it Ethereum (ETH) price as well as Ripple (XRP) price.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Bitcoin (BTC) and Ethereum (ETH) Rally FurtherBitcoin and Ethereum continue to post new highs, despite the occasional sharp sell-off. The outlook remains positive as the Bitcoin halving event gets ever closer.
Source: DailyFX - 🏆 305. / 63 Read more »

Bitcoin (BTC) Clearly Beating Ethereum, but in Unexpected WayBitcoin's volatility surging, exceeding Ethereum's
Source: Utoday_en - 🏆 295. / 63 Read more »

673 BTC Bought by Bitcoin Whale as BTC Price Eyes ReboundBitcoin whale with accumulation of 4,451 BTC boosts holdings
Source: Utoday_en - 🏆 295. / 63 Read more »