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Ethereum poised to outperform Bitcoin after Strategy's Bitcoin sale signals market shift

Analyst Insights
03 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Standard Chartered's Geoffrey Kendrick views Strategy's recent $2.5 million Bitcoin sale as a key moment favoring Ethereum's performance over Bitcoin. Following the sale, Ethereum showed strong resilience with less than 2% losses, while Bitcoin dropped nearly 5%. Kendrick forecasts Ethereum could rise 41% to around $2,700 by year-end, with a potential target of $4,000, driven by Ethereum's staking yields and stronger network fundamentals. This shift suggests companies holding Ethereum may gain a competitive edge over Bitcoin holders in the evolving digital asset market.

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