Friday 13 November 2020

Valuing Ethereum only in USD

Ethereum has moved up recently against USD; however, to some degree, this is largely irrelevant. We take on more risk with Ethereum because we expect a higher return with it over Bitcoin. Therefore, it is much more useful to value Ethereum in its Bitcoin ratio, which can give us an idea of its relative performance. In this video we just simply take another look at where Ethereum is with respect to its Bitcoin valuation, and what we may expect to see over the next several months. TA Video by Benjamin Cowen.