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5 Reasons Why Ethereum Loses to Bitcoin
Ethereum is often cited as the foundation for smart contracts and decentralized finance (DeFi). However, it has recently faced challenges in maintaining its position compared to Bitcoin. Although ETH started the year strong and even hit new highs, its progress has slowed compared to BTC. In this article, we will dive into the reasons why top altcoin Ethereum is losing ground and struggling to compete with Bitcoin.
Why Ethereum is losing ground to Bitcoin
1. Performance Difference
Ethereum has lost 12.2% of its value over the past month, while Bitcoin has only lost 1.5% over the same period. This is a significant difference, and suggests that ETH is struggling to catch up to BTC’s bullish performance.
Why Ethereum is losing ground to Bitcoin
1. Performance Difference
Ethereum has lost 12.2% of its value over the past month, while Bitcoin has only lost 1.5% over the same period. This is a significant difference, and suggests that ETH is struggling to catch up to BTC’s bullish performance.
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