Ethereum is a 'contrarian bet' into 2025, says Bitwise exec
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Ether (ETH) price has struggled to gain upside momentum since the start of 2024. Is Ether really a contrarian bet for 2024, or could it still stage an upside rally?
According to Matt Hougan, Bitwise Asset Management’s chief investment officer (CIO), Ethereum could be the underdog headed into 2025.
Hougan noted that Ether has been struggling, particularly after ETH hit an over 42-month low against Bitcoin (BTC) on Sept. 16.
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Ether (ETH) price has struggled to gain upside momentum since the start of 2024. Is Ether really a contrarian bet for 2024, or could it still stage an upside rally?According to Matt Hougan, Bitwise Asset Management’s chief investment officer (CIO), Ethereum could be the underdog headed into 2025. Hougan noted that Ether has been struggling, particularly after ETH hit an over 42-month low against Bitcoin (BTC) on Sept. 16.Read more