Positive price predictions for Ethereum (ETH) are beginning to circulate.
Although ETH, like the entire crypto market, is also affected by Bitcoin’s four-year cycle, historically it has often performed better in terms of price during bull runs.
Typically, during bear-markets ETH suffers more than BTC, and during crypto winters it performs significantly worse than the world’s leading cryptocurrency. However, it then recovers during bull-runs.
Ethereum: past cycle performance and future price predictions
For example, during the previous cycle’s bear-market, i.e., that of 2018, Ethereum’s price performance had been close to -95%, compared to a -85% for Bitcoin. And during last year’s bear-market, compared to a -77% of BTC, ETH scored -82%.
All this despite the fact that in 2022 there was the Ethereum Merge, which is the replacement of Proof-of-Work with Proof-of-Stake that made ETH a deflationary currency.
However, if we look at the bull run, in 2021 ETH made +4,000%
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