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NewsBTC 2022-06-10 23:00:17

Head To Head: Bitcoin, Ethereum Profitability For Investors

The battle for higher profitability between Bitcoin and Ethereum has been a long-running one. These two cryptocurrencies command the most market share in the market, and by extension, have the most supporters. Despite operating in the same space, the rivalry between them has been unparalleled. It doesn’t just end at the networks themselves but flows into the communities that support both assets, as each one claims to be superior to the other. Bitcoin Vs Ethereum The profitability of both of these digital assets has been immense in the past few years. They have cemented their reputations as millionaire-makers since its inception. Nevertheless, it continues to be a competition for which is the better option when it comes to investing. Related Reading | U.S. Macro Pressure Responsible For Entire Bitcoin Downtrend On a year-over-year basis, the newer and younger Ethereum has proven to have the most returns for investors, usually beating pioneer cryptocurrency Bitcoin by more than 2x on various occasions. This has drawn more investors to it and the speculations that Ethereum is the better choice. BTC falls to $29,000 | Source: BTCUSD on TradingView.com This school of thought is also supported by data that shows investor profitability across both digital assets. Ethereum currently sees 54% of all holders being in profit, surpassing that of Bitcoin holders. However, this is only by a small margin given that 52% of BTC inves...

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