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BTC $67,727.03 +1.34%
ETH $2,100.60 +2.95%
BNB $616.12 +0.55%
XRP $1.34 +0.08%
SOL $82.76 -0.72%
TRX $0.3128 -1.99%
DOGE $0.0917 +0.09%
ADA $0.2403 -2.20%
BCH $475.09 +2.49%
LINK $8.80 +1.12%
HYPE $36.81 -1.61%
AAVE $97.77 +0.49%
SUI $0.8791 +1.19%
XLM $0.1666 -1.53%
ZEC $252.81 +12.95%

Trader Eugene: As ETH begins to outperform BTC, the trend will reflexively rise

2024-12-30 12:32:39
Collection

ChainCatcher message, trader Eugene Ng Ah Sio stated that the increasing interest of institutional investors in ETH is not a new phenomenon. Since Trump's election, the flow of funds into ETH ETFs has undergone a complete reversal.

He believes that as ETH's relative performance begins to surpass that of BTC, combined with the previously mentioned recent performance of the ETH ecosystem, this trend will continue to rise reflexively.

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