• 34ºc, Sunny

CME Group executive: ETH will outperform BTC this year

Payal Shah, director of equity and cryptocurrency research and product development at CME Group, wrote that ETH will outperform BTC this year. The article states that Ether is up about 53% in 2024, while Bitcoin is up 113%; however, Ether's recent performance shows a good outlook. Since the announcement of the US election results, Ether has risen 39%, outpacing Bitcoin's 35% gain, and foreshadowing market optimism about President-elect Donald Trump's expected pro-cryptocurrency policies has fueled Ether's potential recovery. In addition, other key factors driving this optimism include strong staking activity, stable transaction fees, and growing institutional interest, especially through ETFs.