JPMorgan says ethereum is a better bet than bitcoin as interest rates rise, due to the boom in DeFi and NFTs | Currency News | Financial and Business News

Ethereum and bitcoin are the two biggest cryptocurrencies.

  • Crypto investors should hold ethereum rather than bitcoin in an era of rising interest rates, JPMorgan analysts said.
  • Ethereum is at the heart of decentralized finance and the market for non-fungible tokens, two booming areas.
  • Bitcoin is more akin to digital gold, which is likely to fare less well as interest rates and bond yields rise.

Crypto investors should be holding ethereum

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