Ethereum Gains Edge Over Stocks, Whats Key For A New Rally - BitcoinEthereumNews.com
Ethereumएथेरियम ने स्टॉक पर बढ़त हासिल की, एक नई रैली के लिए क्या महत्वपूर्ण है03 / 05 / 2022बिटकॉइन एथेरियम समाचार A recent Bloomberg Intelligence report published by Mike McGlone, Senior Commodity Strategist, presents a bullish thesis for Ethereum vis-à-vis the current macro environment. The Russia-Ukraine conflict, potential interest rates hikes, and uncertainty surround the markets, but McGlone believes BTC, and ETH could come out on top. संबंधित पढ़ना | कैसे विटालिक ब्यूटिरिन COVID-100 से लड़ने के लिए SHIB में $19M का उपयोग करेगा The report claims Ethereum has won an advantage over traditional assets. Specifically, McGlone compares ETHs price performance versus the Nasdaq 100 which could continue to fall behind the cryptocurrency if the Russia-Ukraine conflict extends. The expert claims Ethereums rally has been supported by a boom in adoption for non-fungible tokens (NFTs), and decentralized finance (DeFi) protocols. In the digital space, this network has also supported the deployment of U.S. dollars in the form of stablecoin, a digital asset pegged to the value of the currency. McGlone said: Around $176 billion on March 2, the market cap of the top six crypto dollars listed on Coinmarketcap is up about 5x from the start of 2021. We see little to stop market cap