BTC - 4 Reasons to Buy Ethereum While It's Under $4000
2024-06-28 04:30:00 ET
Through the first six months of the year, Ethereum (CRYPTO: ETH) has largely kept pace with Bitcoin (CRYPTO: BTC) . Both are now up about 45% year to date, and the big question on the minds of many investors is which is going to outperform during the rest of 2024.
In early May, the easy no-brainer answer would have been Bitcoin. But Bitcoin has stumbled of late, and that has opened the door for Ethereum . There are now four compelling reasons Ethereum could soar higher, even if Bitcoin continues to trade sideways.
Bitcoin, of course, has had spot exchange-traded funds (ETFs) since January. And the introduction of this new investment product has arguably been one of the most important crypto narratives of 2024. But there's a new twist to that narrative. At the end of May, the Securities and Exchange Commission (SEC) finally approved new spot ETFs for Ethereum.
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4 Reasons to Buy Ethereum While It's Under $4,000