Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital

Cointelegraph

Published May 13, 2021 03:45PM ET

Updated May 13, 2021 05:20PM ET

The market capitalization of Ether (ETH) has increased at a much faster rate than Bitcoin’s (BTC) over the past year, highlighting the relative outperformance of ETH versus BTC over that period.

In its latest Blockchain Letter, cryptocurrency investment manager Pantera Capital charted Ether’s growth trajectory. “The ratio of ethereum’s market cap to Bitcoin’s market cap has doubled in the last year,” the investment manager said, adding:

Ethereum's market capitalization as a percentage of Bitcoin's continues to grow. Source: Pantera Capital

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