Analyst Warns of Ethereum's (ETH) Impact on Crypto Markets
Analyst warns that Ethereum will likely continue to underperform Bitcoin (BTC) despite the growing hype

Analyst warns that Ethereum will likely continue to underperform Bitcoin (BTC) despite the growing hype
Golden Finance launches the 2215th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
According to coingecko data, the total market value of USDC is 50.4 billion US dollars, surpassing BNB to rank fourth in the total market value of global encryption.
Positive news about the collapse of China Evergrande and the Fed’s intention to continue with its existing monetary policy has fueled a strong rally in bitcoin and altcoin prices.
Historical data shows that October has been a good month for Bitcoin bulls, and Bitcoin’s break above $47,600 on October 1 could be a harbinger of what’s to come for Bitcoin and altcoins.
Bitcoin and some altcoins are facing a sell-off at higher levels, suggesting that short-term traders may be taking profits after the recent rally.
The total market capitalization of cryptocurrencies hit $3 trillion for the first time, as the market capitalization of the top altcoins hit an all-time high.