Ethereum’s Post-Merge Blues: 44% Behind Bitcoin, More Pain Ahead?

Quick Summary:

According to The Block, citing a report from CryptoQuant, Ethereum’s performance has been 44% lower than Bitcoin’s since the merge.

Ethereum (ETH) has underperformed since its shift to the proof-of-stake (PoS) consensus model two years ago.

CryptoQuant’s senior analyst, Julio Moreno, explained that Ethereum’s decline isn’t limited to Bitcoin comparisons; it has also lagged behind […]

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: ETH Cryptocurrency BTC Market News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 04:54:54 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22388215

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

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Publisher ID: #124

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