Bitcoin vs Ethereum: which one is a better investment?

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  • Scott Melker shares his thoughts on Bitcoin and Ethereum.
  • He also discussed the recent Shanghai upgrade of ETH.
  • BTC and ETH are currently up almost 80% for the year.

Both Bitcoin as well as Ethereum It has worked hard to reverse in recent sessions – leaving investors wondering which of the two is the better investment.

Pro says BTC and ETH are separate assets

Interestingly, however, crypto expert Scott Melker does not think it fair to compare the two as they are more like apples and oranges. speaking with yahoo finance liveThey said:

I see bitcoin as digital gold. A store of value, a flight to safety. Ethereum is more of a technology investment. This is the internet of value. So, you can love one or both. You don’t have to choose.

The ongoing boom in bitcoin and ethereum may have a reason Monthly CPI Print Inflation confirmed in March was still well above the Fed’s 2.0% target.

Both BTC and ETH are currently up about 80% for the year.

Melker’s Opinion on Ethereum’s Shanghai Upgrade

Ethereum, in particular, has been in the news since last month due to its so-called shanghai upgrade which enabled the holders to withdraw the property for the first time.

discussion on hard fork yahoo finance liveMelker who hosts “The Wolf of All Streets” podcast said:

This is a huge development for ETH, a big step in the right direction. There has not been a massive demand for withdrawal. A lot of people are actually waiting to deposit. We are seeing net flow.

Also recently co-founder of Ethereum Vitalik Buterin Reiterated the need to fix scalping issues before the next bull run.

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