Raoul Pal predicts significant outperformance from Ethereum compared to Bitcoin, challenging Bitcoin's dominance in the crypto market.
Ex-Goldman Sachs leader Raoul Pal asserts that Ethereum is positioned for superior performance over Bitcoin in the upcoming weeks and months.
This, according to the finance guru, is because investors in the crypto markets are moving around their capital in an effort to make more profits.
Speaking on his channel, Pal told that Ethereum will âmassively outperformâ Bitcoin, in the same manner low-rate junk bonds outstrip high-end treasuries whenever traders move their investments around.
The former executive added that the potential approval of a Bitcoin ETF will have a remarkably positive shine on Ethereum, as many many traders could opt to plough back their Bitcoin profits in its rival.
In Raoulâs opinion, the big surprise in the crypto market will come when the ETF gets approved and people will begin focusing more on the ETH ETF, springing the ecosystem to life.
