Ethereum might be a stronger option for investors compared to Bitcoin for several reasons. Despite Ethereum's current price performance raising concerns due to its loss of momentum, it fundamentally has at least five reasons to recover sooner than expected. One key advantage is that Mt. Gox does not hold any ETH, eliminating the risk of a massive sell-off that could depress its price, unlike Bitcoin, which faces this imminent threat. Additionally, the German government has been selling off seized Bitcoin, further increasing selling pressure on BTC, while Ethereum remains unaffected by such actions.
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GateUser-1013f9db
· 2024-06-26 13:09
guys am trying to communicate with support enquiring about my assets.they are no where to be found after I updated KYC how can I get help
#Is now the dip for altcoins? Which ones are on your watchlist?
Ethereum might be a stronger option for investors compared to Bitcoin for several reasons. Despite Ethereum's current price performance raising concerns due to its loss of momentum, it fundamentally has at least five reasons to recover sooner than expected. One key advantage is that Mt. Gox does not hold any ETH, eliminating the risk of a massive sell-off that could depress its price, unlike Bitcoin, which faces this imminent threat. Additionally, the German government has been selling off seized Bitcoin, further increasing selling pressure on BTC, while Ethereum remains unaffected by such actions.