- Ethereum has pulled massive liquidity from Bitcoin this January, positioning itself for another strong performance.
- With higher stakes than ever, ETH is on track to outpace Bitcoin.
As the new year kicks off, a major shift is underway in the crypto market. Fresh capital is pulling away from Bitcoin [BTC], as uncertainty looms after its recent crash. Investors are on edge, unsure of what’s to come.
Meanwhile, the ongoing macroeconomic turbulence, especially concerns about a looming debt crisis in the U.S., is raising fears of a repeat of the 2022 Bitcoin cycle.
In the midst of this, Ethereum [ETH] is gaining serious traction, with its strong historical performance catching the eye of many investors.
With Q1 around the corner and the market in flux, will Bitcoin or Ethereum offer the strongest returns? Now is the time to weigh your options and decide where to place your bets.
Ethereum/Bitcoin January rally in focus
Historical trends tell us that Q1 is often a strong quarter for crypto. While Bitcoin grabs the headlines, Ethereum has consistently outperformed with stronger price gains.
Around mid-January, the ETH/BTC pair typically experiences a series of green candlesticks, often signaling a surge in capital inflows by February. This year, Ethereum soared by 85%, reaching $4,087 by mid-March.
Source : TradingView
But it’s not just the charts that matter. Mid-January is also a critical time for governments, as they finalize their annual budgets. And this year, the stakes are higher than ever.
With the new administration planning to tackle a whopping $7 trillion debt and cut spending, the pressure is on. Add to that the growing
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Author: Ripley G
