#MarketRebound
Comparing capital absorption levels since the collapse of FTX at the end of 2022 shows a stark contrast between the two leading cryptocurrencies:
* The actual market capitalization of Bitcoin increased from $402 billion to $870 billion, an additional $468 billion (+117%)
* The actual market capitalization of Ethereum increased from $183 billion to $244 billion, only an additional $61 billion (+32%)
This significant disparity in capital inflow explains their differing performances since 2023. The new capital flow and relatively smaller demand for Ethereum have led to weaker price increases and a failure to reach new all-time highs, while Bitcoin surpassed $100,000 in December.