“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.
Ether (ETH) has outperformed Bitcoin (BTC) in terms of year-to-date market performance, rising more than 320% against BTC’s 54% returns. But according to Bloomberg Intelligence senior commodity strategist Mike McGlone, Bitcoin could soon catch up to Ether’s gains, which might even push its per-unit price to $100,000.
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” the analyst tweetedon Aug. 9 as BTC price broke above $46,000.
