Ethereum Loses Ground
Subdued Growth And Greater Competition Have Driven A Derating
A number of investors have questioned our reluctance to hold ETH in our investment strategies, despite it being the second largest cryptocurrency by market cap by some distance.
Yet ETH has meaningfully underperformed BTC, falling from 0.087 BTC in November 2021 to 0.035 today, demonstrably supporting our stance.
In this article, we outline the reasons wh…
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