Ethereum down 35% versus Bitcoin in a year: Will the ETH price downtrend continue?

Ethereum has experienced a significant decline, falling 35% against Bitcoin over the past year. Analysts are questioning whether this downtrend will persist, as various market factors and investor sentiment play a crucial role in ETH's performance. Despite Ethereum's ongoing developments and upgrades, including the transition to a proof-of-stake model, its price remains under pressure. Market experts suggest that unless there is a substantial shift in demand or broader market conditions, Ethereum may continue to struggle against Bitcoin in the near term.

Read the full article: Coin Telegraph

Read more