The past year has proven more bullish for the top altcoin Ethereum, than for Bitcoin. Ethereum registered a rally of 535% over the year while Bitcoin recorded yearly gains of just over 60%, at press time. Furthermore, the same has also fueled Ethereum flippening Bitcoin and outperforming BTC narratives.
When the rise in the ETH/BTC ratio is looked at, it does seem like Ethereum has outperformed BTC, even though it’s still far from flipping the king coin. In fact, the ratio rallied by more than 230% in 2021 and hit a new high of 0.089 BTC on 9 December.
A recent report from CryptoCompare highlighted how ETH has been the best performing asset among the market’s top cryptos in November, returning 7.9% throughout the month. The altcoin was
Read more on ambcrypto.com