The post Bloomberg Analyst Highlights Why Ethereum Could Be The “Next Bitcoin” Influencing Other Altcoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe largest altcoin- Ethereum- may start driving the bigger market and replace Bitcoin, according to Mike McGlone, a senior commodity strategist at Bloomberg Intelligence. On Tuesday, risk assets, including cryptocurrencies, were under pressure after a string of encouraging financial reports drove up U.S. Treasury yields. Ethereum To Outperform Bitcoin According to McGlone, Ethereum may overtake …
