Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether's superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called "the merge."fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates.
The world's largest cryptocurrency dropped 5% to an intraday low of $18,276, reaching its lowest level since June 19. Bitcoin is down 7.2% this month and on pace for the second straight negative month after plunging 15% in August.is down a similar 5% to $1,281 apiece Monday, hitting its lowest level since July 15. Ether is down 17% this month, on track to post its worst month since June.
Risk assets have been under massive pressure as the Federal Reserve is expected to stick to its aggressive tightening schedule. The central bank is widely expected to approve this week
That's because Bitcoin is shit.
I heard Cramer say that no one uses Bitcoin for payments except Hackers and basically there’s no use for BTC Wasn’t it a couple years ago that Cramer bragged about purchasing a house purely with Bitcoin he had bought?
Crypto was set up by billionaires so they could convince everyday citizens to form over $ . The funniest part is crypto has no value to the rest of society. So a Bitcoin millionaire is just another word for cash poor chump. Buy property. Not NFT and crypto scams