$ETH performance will surpass Bitcoin
Looking ahead to the Ethereum market. MN Capital founder Michael van de Poppe stated yesterday (24th): "If the SETH/SBTC exchange rate breaks 0.04 in January, I won't be surprised at all." He predicts:
In January 2025, more funds will flow into Ethereum, while Bitcoin may face capital outflows, leading Bitcoin prices into a consolidation phase. This situation could ignite a "altcoin market within the Ethereum ecosystem."
This view coincides with that of Benjamin Cowen, founder of Into The Cryptoverse, who mentioned in a post on X on December 4th that he believes "the decline of the ETH/BTC exchange rate has ended, or is nearing its end, and we should see an upward trend in the next 6 to 12 months."
As of the time of writing, the ETH/BTC exchange rate is reported at 0.03549, with an increase of 0.31% in the last 24 hours.
