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Raoul Pal: The ETH/BTC exchange rate trend is constructive, and ETH is expected to outperform BTC over time
Former Goldman Sachs executive, author of "Global Macro Investor," and co-founder and CEO of Real Vision, Raoul Pal, stated on social media that the ETH/BTC exchange rate is currently aligned with the upward trend in business cycles and liquidity, and the long-term chart outlook is constructive. Since 2017, ETH has largely maintained its value relative to BTC; if the current trend continues, ETH should outperform BTC over time. As a smart contract platform, ETH's accessible market size is fundamentally different from BTC's role as a store of value. BTC mainly carries total savings value, while ETH can carry the value of economic activity itself, with smart contracts leading the way…
#eth #btc