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coinpedia 2022-09-07 10:21:46

Bloomberg Analyst Highlights Why Ethereum Could Be The “Next Bitcoin” Influencing Other Altcoins

The post Bloomberg Analyst Highlights Why Ethereum Could Be The “Next Bitcoin” Influencing Other Altcoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe largest altcoin- Ethereum- may start driving the bigger market and replace Bitcoin, according to Mike McGlone, a senior commodity strategist at Bloomberg Intelligence. On Tuesday, risk assets, including cryptocurrencies, were under pressure after a string of encouraging financial reports drove up U.S. Treasury yields. Ethereum To Outperform Bitcoin According to McGlone, Ethereum may overtake …

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