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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%.

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Author: Omkar Godbole

Omkar Godbole has recently written 6 articles on similar topics including :
  1. "Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said". (December 14, 2022)
  2. "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)
  3. "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)
  4. "Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset". (April 7, 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's options skew favors bearish put options by the most in two months". (March 10, 2023)
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