Bybit, a big cryptocurrency exchange, and Blocks Scholes made a report about how Ethereum (ETH) did better than Bitcoin (BTC) last week. This happened because the person in charge of a group that watches over cryptocurrency in the U.S., Gary Gensler, is leaving his job soon. People are happy because they think the new person might be nicer to cryptocurrency.
Open interest in ETH has been going up, and other big cryptocurrencies are also doing well because of the news. The report also says that BTC’s price has been going down, but ETH is doing better in a lot of ways. You can read the full report to learn more.
Source
<p>The post Bybit and Blocks Scholes’ Latest Report: ETH Outperforms BTC Amid Gensler’s Departure and Market Optimism first appeared on CoinBuzzFeed.</p>
