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via Decrypt · By Decrypt Editorial
As Bitcoin Sinks, It's Time for Ethereum to Outperform: Standard Chartered
BTC
BTC/USDT
$64,836.01
+0.97%
$64,836.01
+0.97%
(24s)24h Volume
$18,042,961,204.03
24h H/L
$65,043.94 / $63,267.34
Change: $1,776.60 (2.81%)
Long/Short
58.2%
Long: 58.2%Short: 41.8%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:36 PM UTC)
1 min read
In brief
- Standard Chartered's Geoff Kendrick argues that Strategy's $2.5 million Bitcoin liquidation marked a turning point for Ethereum.
- As Bitcoin's price dropped, Ethereum registered one of Ethereum's largest daily outperformance spikes since 2024.
- Kendrick believes that Ethereum's current price is deeply disconnected from thriving network metrics.
When Strategy disclosed on Monday that it…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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