What’s making Ethereum more attractive than Bitcoin right now
The risk vs. reward for Ethereum actually looks more attractive than that of Bitcoin.
With the reduced risk, a whale has bought over $435M ETH over the last two weeks.
Ethereum [ETH] bounced back to the $2,500 level after a sharp sell-off triggered by geopolitical fears.
However, the crypto markets have a tendency to rebound after sharp drops, and ETH was no exception, edging ahead of Bitcoin [BTC] in terms of percentage recovered.
The neutral-to-positive sentiment was observed when it came to Ethereum with regard to two important measurements.
The Sharpe Ratio chart indicated that the risk-adjusted returns of ETH started moving up after a long decline. This indicated the improving performance of the asset to its volatility.
That implied ETH was delivering better rewards per unit of volatility, even amid sideways price action.
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