'More brutal than I expected' — Lyn Alden on ETH/BTC post-election low

Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election.

Macroeconomist Lyn Alden, who has admitted she isn’t a big fan of Ethereum, said she was surprised by the cryptocurrency’s weak performance against Bitcoin after a presidential election outcome she expected to be more favorable for Ethereum.

“I’ve been kind of a polite long-term Ethereum bear, but the post-election new low in ETHBTC is even more brutal than I expected,” Alden declared in a Nov. 17 X post.

Alden reiterated that given Donald Trump’s administration “is open for crypto securities,” she was surprised that Ether’s(ETH) performance against Bitcoin declined following the victory being announced.

Read more

About the author

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Recent Works