Ethereum becomes more profitable than Bitcoin according to quarterly reports
The year 2021 has become one of the most successful periods in the history of the cryptocurrency market. Bitcoin reached its new all-time high of $65,000 and closed the year with 58% growth. But at the same time, smaller coins like Ethereum showed even more impressive results. in every quarter of 2021, even during the global cryptocurrency market sell-off back in the second quarter of the year.
The first quarter of the year was Ethereum's most successful period, which ended with a 102% price increase from January to April.It is no surprise for the majority of the market that Ethereum has shown better performance in general. Throughout the year, numerous factors have acted in favor of the biggest altcoins, with the NFT craze launching gas fees to the sky, the DeFi sector attracting billions of users' funds and the network receiving constant updates.