Ethereum price broke above $3,9500 barrier again on Feb. 22, while Bitcoin price rally struggles for momentum: 3 vital market metrics suggest ETH could further extend its lead over BTC in the weeks ahead.
Ethereum (ETH) and Bitcoin (BTC) are historically closely correlated, but in 2024, ETH seems to have gained the upper hand. A deep dive into the on-chain data trends and expert analysis provides key insights into which asset would come out on top as the year unfolds.
Is Ethereum better than Bitcoin in 2024?
So far in 2024, Ethereum and Bitcoin, the two largest assets in the crypto sector have attracted billions of dollars in capital inflows. As of March 2024, BTC is trading at historic all-time highs of $71,200, while ETH price attempts to establish a steady support above the $4,000 milestone.
However, a closer look at the price charts shows that ETH currently has the upper hand having outperformed BTC by 7% in terms of…
