Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result.
However, it’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have fallen off dramatically by dozens and dozens of percent, crushed under the pressure of a dominant Bitcoin that has benefited from a strong first-mover advantage and sell-offs in the altcoin market. But, according to a fund manager and a flurry of fundamental signs, it may be time for Ethereum to start to reclaim some of its lost gains.
Get an Edge on the Crypto Asset Market
As the crypto market is constantly changing, CryptoSlate Edge is a yearly membership oriented to helping you become a more knowledgeable investor and better decision-maker.
Here's what's included in your membership:
Be the first to read the most compelling stories high-level insights.
Private Discord Community
Communicate directly with our journalists in our private Discord.
We hide all advertisements for a clean and fast user experience.