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Ether may outperform Bitcoin amid potential sales
CoinDesk·
Ether (ETH) is projected to outperform Bitcoin (BTC) by as much as 40% from current levels, according to analysis from Standard Chartered's head of digital asset research. This forecast stems from the possibility that Bitcoin treasuries might need to sell assets to cover financial obligations. Such potential sell-offs could create downward pressure on Bitcoin, while Ether's relative strength could be bolstered by ongoing developments and demand within its ecosystem, leading to a divergence in performance.
Tags
crypto
macro
Original Source
CoinDesk — coindesk.com