Ethereum’s 2.5-Year Stagnation Is ‘Key Reason’ Why Bitcoin’s Run Left Investors Disappointed, Analyst Says
Posted On March 21, 2025
Cryptocurrency analyst Benjamin Cowen has pointed out how the current market cycle sentiment is majorly impacted by Ethereum’s (CRYPTO: ETH) flat price performance.
What Happened: In a podcast on Friday, Cowen highlighted why many investors are frustrated despite Bitcoin‘s (CRYPTO: BTC) rally to $84,000.
His main observation was that Ethereum is at the same price level as two years ago, a stark contrast to Bitcoin’s 265% rise in the same period.
Cowen attributed Ethereum’s underperformance to monetary policy shifts, particularly the Federal Reserve’s quantitative tightening.
Many investors expected altcoins to …