- The cryptocurrency market faces challenges, with Ethereum showing underperformance against Bitcoin since September 2022. Currently, ETHBTC is trading at 0.038, its lowest level since April 2021.
- While Bitcoin is only 1% below its all-time high, Ethereum is 40% below. However, the long-term outlook for Bitcoin is more optimistic.
- The Trump administration could provide a more favorable regulatory environment for cryptocurrencies, boosting the altcoin market.
- Ethereum continues to lead in smart contracts but faces competition from Solana, which is gaining ground.