Ethereum can be an important capital for traders in 2021
Ethereum will be the most important capital for investors in 2021
We saw one in the second half of 2020 growing interest of institutional investors in cryptocurrencies and great capital. However, all of the whale's attention, as well as all of the public's attention, has been directed to (BTC). Today we're going to look at why Ether (ETH) is a more attractive asset and why this cryptocurrency should become the “first cryptocurrency” for every investor.
Let's start with the numbers: ETH's growth since its March 2020 low after the coronavirus-induced market crash has been 1,200%, while BTC has only grown by 700%. ETH's growth since its March 2020 low after the coronavirus-induced market crash has been 1,200%, while BTC has only grown 700%. Of course, against the background of record highs for Bitcoin, its Price reached $ 40,000, the Ether increases to $ 1,400 doesn't seem that impressive. In addition, the market capitalization of ETH is five times smaller than the volume of the BTC market. But what is more important to an investor: nice numbers and records of an asset from a portfolio or high returns?
Nick Bel is a cryptocurrency enthusiast and tech writer based in London. He is passionate about finance and new technologies like blockchain, cryptocurrency and artificial intelligence.
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