Jan 03 2021

Ethereum (finally) takes the lead with a 25% rally as Bitcoin stalls at $33,000

published by Nick Chong
in blog CryptoSlate
original entryEthereum (finally) takes the lead with a 25% rally as Bitcoin stalls at $33,000

altcoins analysis btcusd ethusd price watch

While Ethereum appreciated over December, the leading altcoin has largely underperformed Bitcoin. On days when BTC rallied 5-8 percent in a single day in December, Ethereum was sometimes flat, consolidating around key support levels as capital was focused on Bitcoin. Many attribute this to the institutional support for the crypto market, which aggregates in Bitcoin first before altcoins. Yet Ethereum...

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