It's "Extremely Unlikely" Ethereum Passes Its 2017 High Against Bitcoin: Here's Why

in hive-116221 •  5 years ago 

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n 2017, the second-largest cryptocurrency saw a parabolic bull run that eclipsed that of most other top cryptocurrencies, Bitcoin included. There was a point in 2017 when one ETH was worth approximately 0.17 BTC (on Coinbase).

Ethereum rallied so far and so fast that for a few months near the peak of the mania, there were some expecting for its market capitalization to surpass that of Bitcoin.

But a long-time analyst and trader in the space doesn't think that such strength will be seen again. And here's why.


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