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ETH Performance Lags Behind BTC, Analyst Predicts Ethereum Will Make A Comeback In Coming Days
Summary: While Bitcoin makes a run at $14,000 Ethereum has been vastly underperforming the asset and BTC's market dominance has spiked. On Monday, Ethereum dropped as low as $380 before buying pressure buoyed the asset. At the time of writing Ethereum is trading hands at $405 and is up 4.22%. This price marks a decline from ...
While Bitcoin makes a run at $14,000 Ethereum has been vastly underperforming the asset and BTC's market dominance has spiked.
On Monday, Ethereum dropped as low as $380 before buying pressure buoyed the asset. At the time of writing Ethereum is trading hands at $405 and is up 4.22%. This price marks a decline from multi-day highs of $420 but is a rebound from a 24 hour low of $380 set during yesterday's selloff.
One popular crypto commentator shared in a tweet that he expects ETH to reclaim the $410 price level in coming days which could spark a new rally. Time will tell how ETH's performance stacks up against Bitcoin's.
By Emily Mason
Tags: Bitcoin,Bitcoin Rally,BTC,ETH,Ethereum
Link: ETH Performance Lags Behind BTC, Analyst Predicts Ethereum Will Make A Comeback In Coming Days [Copy]