Photo by zhang kaiyv on Unsplash [Download]

Deflationary Ether Is Underperforming Bitcoin, Here Are 3 Reasons Why

While bitcoin has won just about 43% this month, ether has liked via 36%.
While bitcoin has gained nearly 43% this month, ether has appreciated by 36%.

(*3*)
Original article
Author: Omkar Godbole

Omkar Godbole has recently written 6 articles on similar topics including :
  1. "As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said". (May 17, 2023)
  2. "The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week". (April 26, 2023)
  3. "Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility". (December 22, 2022)
  4. "The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said". (May 31, 2023)
  5. "As bitcoin looks north, indicators paint a mixed picture of the major source of bullish pressures for the cryptocurrency". (January 18, 2023)
  6. "Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields". (February 15, 2023)
Posted on  ,