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Ethereum Beats Bitcoin Performance Two Years Straight, What’s Next?

Ethereum Beats Bitcoin Performance Two Years Straight, What’s Next?

Ethereum only just broke its former all-time high, while Bitcoin left took that record back in 2020. However, an investment in the top-ranked altcoin at any point since the 2018 bottom, has resulted in a much higher higher ROI than an equal part USD investment in BTC.

Why does this incredible over-performance exist? And will it continue into the future, or is it time for a reversal in the trend?
Bitcoin Rising Tide Lifts Greater Crypto Market Once Again
The quote “a rising tide lifts all boats” applies well to the overall cryptocurrency market. When Bitcoin rises, it brings with it the rest of the market. And when it falls, the top crypto asset by market cap drags the rest of the market down with it.

Bitcoin’s highly-publicized meteoric rise in 2017 helped drive interest in other altcoins like Ethereum, Litecoin, and XRP. Ethereum had a secondary benefit of being the foundation of which many other notable altcoins at the time were being built on, further causing FOMO for the second-ranked crypto asset.

As strong as Bitcoin performed, altcoins surpassed the shocking ROI by miles. But when the bubble popped, Bitcoin, Ethereum, and the rest of altcoins came crashing down.

Another popular quote, “the bigger they are, the harder they fall,” then came into play.

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Abhishek Upadhyay

Abhishek Upadhyay

A B2B Content Writer with hands-on experience in various niches. Skilled in writing blog content, website content, SEO content & various marketing collaterals.