Goldman: Has Ethereum Become A Deflationary Asset?
From zerohedge.com
After the flash crash drop last week on 'fake news' about Mt.Gox holdings moving, Ethereum has outperformed and erased all those losses (and above $1950) as banking sector chaos is enabling decentralized financial systems to showcase their transparency and resilience versus traditional markets.... {chart} Ethereum's relative performance to bitcoin has been volatile in recent weeks around the major Shapella upgrade, but once again ETH is outperforming BTC in recent days... {chart}One potential driver of ETH's regained popularity is its appeal as a deflationary asset, a topic Goldman's Crypto desk recently explained: ...
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