The crypto market is going through a particularly uncertain period, characterised by a now relatively long lateralisation: how are Litecoin, Algorand and Ethereum performing in this period?
Crypto focus on Litecoin, Algorand and Ethereum
Although bitcoin seems to be dominating the crypto markets at the moment, not all altcoins are slavishly following its trend.
Ethereum price trend: better performance than Litecoin and Algorand?
To be fair, Ethereum is by far one of the most closely aligned altcoins to bitcoin in terms of price performance.
For example, if you look at the historical ratio between the total market capitalisation of BTC and that of ETH, you will see that it has been hovering more or less around current values for about two years.
In the first few months of 2021, this ratio had soared to 7, but from May 2021 it fell to 2.5 and then even below 2. Since then, it has always fluctuated between 2 and 3.
However, it must be said that in September last year, when the Et
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