@BehiverOnNoiseApp 6 December 2022 more from that month

Will Ethereum triumph as crypto winter ends? Well, Bloomberg surely thinks so, thus why not bet on it as well? According to Mike McGlone, a commodity strategist for Bloomberg, Ethereum (ETH) will triumph because of the strong foundation of the smart contract platform, despite the bear market. McGlone notes that ETH has outperformed other asset classes and is still up 12X from where it was just three years ago, with a strong support level that is relatively close to its current price level. According to him, ETH will triumph due to adoption, rising demand, and dwindling supply.