I have been talking alot about bitcoin recently, and has neglected the number 2 in the crypto world: Ethereum.
Over the bear market in the last 3 years, Ethereum has been battered badly. But in bull runs, it tends to outperform bitcoin rather easily. This can be seen as well in 2020, where Ethereum rose by an astounding 573% as opposed to Bitcoin’s dismal 404%.
As great as ETH’s performance has been in 2020, it was still some ways off its previous all time high.
Until January 2021.
2021 Ethereum Bull Run
We knew the crypto market was shaking off its long bear hibernation and preparing to emerge like a phoenix out of dust. Bitcoin did that right at the end of 2020, with an amazing Q4 run that saw December push new highs.
We know alts typically lag a little, but outperforms in terms of percentages. And Ethereum did not disappoint in demonstrating exactly that in January....