Ethereum has long been the world’s second-most valuable cryptocurrency.
Since the crypto sector sprang to life right around the depths of the Great Recession, Bitcoin (BTC -2.96%) and Ethereum (ETH -5.22%) have always operated as the one and two seeds — Batman and Robin if you will.
Bitcoin is the original cryptocurrency viewed as the bellwether of the industry. In recent years, many have begun to view Bitcoin and its finite 21 million tokens as a form of digital gold that can hedge inflation and serve as safe asset amid geopolitical uncertainty and the U.S. government’s mounting debt situation. Ethereum, on the other hand, is viewed as the network that is the epicenter of smart contracts and decentralized applications.
While Bitcoin’s dominance doesn’t look to be going anywhere, with a $2.3 trillion market cap, Standard Chartered analyst Geoff Kendrick thinks Ethereum could be vulnerable, with one…
