Macro Analyst: Ethereum Looks Like It Will Outperform Bitcoin in the Future

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From the all-time high of $1,400, Ethereum is down by approximately 80%.Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is much worse than that of Bitcoin. From its all-time high of $20,000, BTC is down less than 50%.While there are many believing the leading cryptocurrency will continue to outperform altcoins, a prominent investor is throwing his weight behind Ethereum.Related Reading: This Crypto Use Case Has Never Been as “Underrated” Due to Twitter and TrumpEthereum Poised to Outperform Bitcoin?Bitcoin’s performance may be impressive, but even more impressive is that of Ethereum.The second-largest digital asset is up more than 22% in the past week alone, according to data from Coin360.com. Over that same time period, BTC is up “only” 14.45%.Real Vision chief executive Raoul Pal, who commented on the chart of ETH/BTC after the recent breakout, said in reference to the chart below:“It even looks like Ether will outperform Bitcoin at some point (no position yet). Please remember: No tribal attacks about bitcoin vs ethereum. They are two different things and two different ecosystems.”

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