An algorithm with a reputation for outperforming the crypto markets is showing a preference for Ethereum (ETH) and three other large-cap digital assets amid uncertain trading conditions.
Each week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments to create a “hive mind” consensus.
The bot’s latest data reveals that traders’ have a strong preference for Ethereum, with the majority of market participants voting to overweight their portfolios with ETH.
After ETH, traders favor the blockchain scaling solution Polygon (MATIC). Flagship cryptocurrency Bitcoin (BTC) and Circle’s stablecoin USD Coin (USDC) follow behind MATIC, respectively.
Source: Real Vision Bot
At time of writing, MATIC is trading at $0.86, down 70% from its all-time high. Meanwhile, Ethereum is down further, a 75% devaluation from its record high.
The bot’s altcoin portfolio is topped off with Ethereum rivals Polkadot (DOT) and Avalanche (AVAX), followed by blockchain inter
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