A new report from research firm Delphi Digital takes an in-depth look at Ethereum. One observation is the ether coin’s potential to outperform Bitcoin if the next bull run happens soon. 


Better Beta

This is based on ether’s higher volatility compared to Bitcoin and the tendency for all cryptocurrencies to move in unison. The beta measurement of a cryptocurrency is related to volatility, and over the past six months, ether’s has been greater. Notes the report:

ETH has also been significantly more volatile than BTC over the last six months. It’s 90-day beta relative to BTC is currently 1.5, substantially higher than its historical average.

ethereum vs bitcoin

Chart courtesy of Delphi Digital.

Crypto Correlation

In general, altcoins like Ethereum tend to follow Bitcoin’s price movements — and this tendency has been increasing of late.

Historically, there have been instances of coins which have bucked this trend but these are exceptions rather than the rule. If anything, altcoins tend to fall further in bear markets but can rise faster…

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Source: https://thebitcoinnews.com/report-suggests-ethereum-may-outperform-bitcoin-in-next-bull-market/