Bitcoin and Ethereum Outlook: Major Upgrades Coming But Upside Largely Priced In
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Bitcoin has major potential catalysts this year like a spot BTC ETF and the halving event, but the impacts may already be priced in.
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Ethereum is working on upgrades like The Merge which could improve speeds, fees, and throughput if successfully implemented.
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Ethereum could benefit more than Bitcoin from increased crypto development activity in areas like NFTs, DeFi, gaming, metaverse.
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Bitcoin has more institutional investor support and is closer to mainstream adoption than ever before.
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The author believes Bitcoin is the better buy over Ethereum if choosing just one cryptocurrency for 2024.