As we head into December, many in the cryptocurrency world are wondering what the future holds for Bitcoin and Ethereum. Will this be the beginning of altseason, where alternative cryptocurrencies outperform Bitcoin, or will Bitcoin continue to dominate the market?
Bitcoin, the original cryptocurrency, has seen incredible growth over the past year, reaching new all-time highs and gaining mainstream acceptance. However, some analysts believe that Bitcoin’s dominance may be waning as other cryptocurrencies, such as Ethereum, gain popularity.
Ethereum, often referred to as the silver to Bitcoin’s gold, has also seen significant growth in recent months. With the upcoming launch of Ethereum 2.0 and the rise of decentralized finance (DeFi) applications, many believe that Ethereum could outperform Bitcoin in the near future.
So, what can we expect for December? Some experts predict that Bitcoin will continue to lead the market, while others believe that Ethereum and other altcoins will start to gain momentum. Ultimately, only time will tell which cryptocurrency will come out on top.
Regardless of whether Bitcoin continues to dominate or altcoins start to shine, one thing is for certain: the cryptocurrency market is constantly evolving, and investors should stay informed and be prepared for any outcome.