While bitcoin (BTC) shines, ethereum (ETH) falls 26% in the semester and is a ‘victim’ of its own success; understand
The turn of the semester brought a strong performance for bitcoin (BTC) — and a price drop for ethereum (ETH). In the same period, the largest cryptocurrencies in the world recorded a gain of 14% and a drop of 26%, respectively.
When we look at the price of ethereum expressed in bitcoin (ETH/BTC, one of the pairs observed by the market because it uses the largest cryptocurrency in the world as a reference), the depreciation of ether exceeds 35% this year.