‘More brutal than I expected’ — Lyn Alden on ETH/BTC post-election low
Macro economist Lyn Alden admits she has been a “polite long-term Ethereum bear,” but she was surprised by Ether’s performance after the United States election.
Macroeconomist Lyn Alden, who has admitted she isn’t a big fan of Ethereum, said she was surprised by the cryptocurrency’s weak performance against Bitcoin after a presidential election outcome she expected to be more favorable for Ethereum.
“I’ve been kind of a polite long-term Ethereum bear, but the post-election new low in ETHBTC is even more brutal than I expected,” Alden declared in a Nov. 17 X post.
Alden reiterated that given Donald Trump’s administration “is open for crypto securities,” she was surprised that Ether’s(ETH) performance against Bitcoin declined following the victory being announced.
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Author: Ciaran Lyons
