Poor Week for Ether Prompts Research Firm to Reverse Outlook, Advise Favoring Bitcoin Instead

Ether is lower by 2.4% so far in October to $1,640, giving up all its gains and more from a short-lived surge on Monday to near $1,750. Bitcoin, meanwhile, gained 1.4% over the same time frame and is also outperforming ETH on a weekly, monthly and yearly basis, according to CoinDesk Indices data.