- 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.
JPMorgan says ethereum is a better bet than bitcoin as interest rates rise, due to the boom in DeFi and NFTs