Bitcoin has rallied 15% since Friday, while ether's gains lagged in comparison as traders rotate money out of $ETH into $BTC. Some observers blame caution ahead of the Merge. Chart of the Day explains the data, presented by cryptocom:
Bitcoin rises above $22,000 ahead of the anticipated “Merge” while ether lags behind. Observers claim the underperformance of ether stems from traders rotating money out of ether into bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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