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Galaxy’s Novogratz calls Ethereum sentiment ‘unbelievably bearish’ as ETH price struggles to keep pace

2025-02-06 17:14

Sentiment is bearish and former SEC Chair Gary Gensler putting pressure on Ethereum is the biggest reason for its underperformance versus bitcoin and Solana.“Most of the market cap of Ethereum right now is store of value, but what got people there is a narrative about this is going to be web3,” said Novogratz.

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