CME Group executives: This year, ETH's performance will surpass BTC

ChainCatcher news, Payal Shah, Director of Stock and Cryptocurrency Research and Product Development at CME Group, stated that ETH's performance will surpass BTC this year.

The article mentions that Ethereum has risen about 53% in 2024, while Bitcoin has increased by 113%; however, Ethereum's recent performance shows a promising outlook. Since the announcement of the U.S. election results, Ethereum has risen by 39%, exceeding Bitcoin's 35% increase, indicating that the market's optimism regarding the pro-cryptocurrency policies expected from the elected President Donald Trump has fueled Ethereum's potential recovery. Additionally, other key factors driving this optimism include strong staking activity, stable transaction fees, and growing institutional interest, particularly through ETFs.