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Ether Beats Bitcoin in 2021 as Volatility Suddenly Takes a Bite

  • Biggest cryptocurrency has macro correlation with risk assets
  • ‘Software development revolution’ fuels Ethereum blockchain
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Chart of the Day: Bitcoin Volatility Caps Gains
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Bitcoin may be the most popular cryptocurrency. But crypto investors would be wise to keep on eye on Ether, which dramatically outperformed its more volatile cousin in 2021 -- a trend that could continue in 2022. 

Today’s Chart of the Day shows Bitcoin against the dollar on a logarithmic scale over the past five years, measuring the acceleration of the cryptocurrency’s move while accounting for its volatility. After peaking in late 2017, Bitcoin has largely traded sideways.