Why Ethereum Is Outperforming Bitcoin Again

Ethereum has been popular for its performance over the course of its lifetime. But even more impressive has been the way that the cryptocurrency has been performing against top rival Bitcoin. The latter which is the pioneer cryptocurrency has itself given investors massive returns. So the fact that Ethereum has outperformed it at every turn now gives the digital asset even more credibility. Ethereum does not seem to be stopping its trend of outperformance when it comes to bitcoin though. Throughout 2021, ETH had been the top performer of the two and this has carried on into the new year as Ethereum rally coupled with the fact that the long-awaited ‘Merge’ is drawing closer has once again put the altcoin ahead of its top rival in the space. Ethereum Rallies 16% Coming into the new week has proven to be a good one for Ethereum. The altcoin had begun another rally on Monday that solidified its position above the $3,000 price point. Coming off of the past week, ETH had seen about a 16% increase from this recent rally, making it one of the most prosperous weeks for the altcoin in recent times. In the early hours of Tuesday, the altcoin continues to trade above $3K. Related Reading | Exchanges See Billions In Bitcoin leave As BTC Maintains Above $40,000 In this same past week, the outperformance of bitcoin by Ethereum has been apparent. Bitcoin had rallied by 8.4% in the past week while Ethereum has risen as high as 16% in the ...