Ether underperformed Bitcoin in 2023: What’s next for the second largest cryptocurrency?
In 2023, Ether, the second largest cryptocurrency by market cap, underwent a period of underperformance compared to Bitcoin. However, analysts and traders are now predicting a potential resurgence for Ether in the coming year. Despite its recent setback, Ether still holds the position as the world’s leading smart contract blockchain. In a recent weekly newsletter, Coinbase stated that the Bitcoin ETF news from last week had a positive impact on Ether. The cryptocurrency briefly spiked above $2700, reaching its highest price since May 2022.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
