Cryptocurrency Q&A Why is Ethereum not moving?

Why is Ethereum not moving?

StarlitFantasy StarlitFantasy Wed Dec 25 2024 | 7 answers 1146
I've been watching Ethereum's price for a while now, and it seems like it's been stagnant. I'm wondering why Ethereum is not moving or showing any significant price changes. Why is Ethereum not moving?

7 answers

Bianca Bianca Fri Dec 27 2024
The persistent performance gap between Ethereum and Bitcoin can be attributed to various factors.

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CryptoGladiatorGuard CryptoGladiatorGuard Fri Dec 27 2024
However, the reception was mixed, and the ETFs failed to significantly alter the existing trend.

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CryptoWanderer CryptoWanderer Fri Dec 27 2024
One key reason stands out: the slower growth in institutional demand for Ethereum in comparison to Bitcoin.

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CryptoQueen CryptoQueen Fri Dec 27 2024
This difference in demand has had a significant impact on the market performance of both cryptocurrencies.

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HanbokGlamourQueen HanbokGlamourQueen Fri Dec 27 2024
In July 2024, the introduction of spot Ethereum ETFs was expected to generate a positive response.

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