While Ethereum leads in terms of innovation and current use cases, Bitcoin leads in terms of security and proven track record.
Today, Ethereum powers most of the DeFi platforms, but in the near future, we’ll be able to build DeFi platforms on top of Bitcoin thanks to layer 2 solutions.
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Bitcoin is the name brand everyone knows and has proven its staying power.
Voyager’s customers, who own both Bitcoin and Ethereum, have shifted their cryptocurrency allocations in the past few months to increase their Ethereum holdings, on which they can earn 5.25% interest APR.
It’s a network that supports smart contracts…they alone carry limitless potential and should be enough for Ethereum to have a competitive advantage over bitcoin and its applications in our everyday lives.
I foresee the current trend of Ethereum’s price increase gaining more momentum, leading to a shift in capital flowing into Ethereum – as investors become educated on what Ethereum is and how the technology is going to shape the future…Technicals and fundamentals show there is greater long term upside potential for ETH than BTC…Most banks, institutions, and investment funds have mandated investments towards clean, environmentally sustainable industries and technologies.
“I think Bitcoin will always have some level of acceptance being the flagship crypto and a perceived store of value within the space.
For investors, BOTH Bitcoin and Ethereum need to be in your portfolio right now…Bitcoin has a chance of remaining the leading crypto asset in the world, while Ethereum has a chance of remaining the leading distributed software development platform in the world.
“Bitcoin’s market cap as of last week has fallen below 50% of the crypto market for the first time since 2019 and is down over 30% overall since January.