Analisis: Ethereum Hanya Unggul dari Bitcoin 15% Sejak Diluncurkan
Ethereum Has Outperformed Bitcoin Only 15% of the Time Since Launch, Analysts Say https://cryptonews.com/news/ethereum-has-outperformed-bitcoin-only-15-of-the-time/

Ethereum Has Outperformed Bitcoin Only 15% of the Time Since Launch, Analysts Say

SINCE THE LAUNCH OF ETHEREUM IN 2015, IT HAS ONLY OUTPERFORMED BITCOIN ON 15% OF TRADING DAYS, ACCORDING TO DATA SHARED BY ANALYSTS. GLASSNODE'S LEAD ANALYST JAMES CHECK POSTED ON X, NOTING THAT ETHER HAS HISTORICALLY LAGGED BEHIND THE LEADING CRYPTOCURRENCY IN MOST MARKET CYCLES.

Ethereum had a brief edge over Bitcoin in its early years, particularly between mid-2015 and mid-2017, and again in late 2019 to early 2020. However, since early 2020, Bitcoin has maintained dominance, with the ETH/BTC ratio, a key metric comparing Ether's value to Bitcoin's, dropping to a five-year low of 0.018, the lowest level since December 2019.

At that time, ETH was priced at $125 while BTC traded around $7,000. On April 9, Ethereum dropped further to around $1,400, shedding nearly 10% in 24 hours, according to CoinGecko. In contrast, Bitcoin fell 6% to $75,000 but remains up nearly 275% from its 2017 bull cycle high, while ETH has slipped below its previous 2018 peak.

The gap in performance has led to growing concerns among Ethereum supporters. "I love Ethereum. However, it's time to face reality: Ethereum has had ~ the same number of active addresses for the past 4 years," said Web3 researcher Stacy Muur on X.