Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Bitcoin vs. Ethereum
Key Points
Bitcoin and Ethereum have performed very differently this year.
Bitcoin has continued to reach new all-time highs.
Ethereum has barley budged as investors try to understand if the network's use case can stand the test of time.
Despite being the two largest cryptocurrencies in the world, Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have been on very different paths this year. Bitcoin is up more than 26% (as of July 17), while Ethereum is up less than 2%.
Bitcoin is considered a bellwether for the industry, but this year has really diverged. This leaves investors with a difficult proposition when picking between the two: buy the asset that just went on a strong run and hit all-time highs, or the one that has underperformed and could close the gap as a value play? Which cryptocurrency is more likely to be a millionaire maker, Bitcoin or Ethereum?