Bitcoin Dominance: Why Ethereum’s Performance Is Underperforming

Despite its potential as ‘crypto 2.0’, Ethereum has struggled to keep up with Bitcoin in recent years. Historical data reveals that since Ethereum launched in mid-2015, Bitcoin has outperformed the coin on a staggering 85% of trading days. However, recent analysis from Cointelegraph suggests this trend might be changing. This article dives into the historical context behind this dynamic and explores potential reasons for its persistence. Understanding these factors is crucial for navigating the cryptocurrency market.