Why is Ethereum underperforming Bitcoin since the Merge?

Experts Weigh in What the Merge Might Mean for Bitcoin

What is the Ethereum Merge and Why Miners are

Almost on a dime from

Ethereum Struggles to Match Bitcoin Momentum Post

The Merge is Ethereum’s chance to take over Bitcoin

Almost on a dime from when the Merge went live, ETH has fallen relative to Bitcoin, as I have plotted on the below chart (the black line denotes the Merge in September).

Many have suggested Ethereum will

Many have suggested Ethereum will someday surpass Bitcoin in market capitalization, an event playfully coined “the Flippening.” Will the Merge trigger that hypothetical changing of the guard?

The Ethereum Merge is completed: What’s next for

Bitcoin After the Ethereum Merge: Experts Weigh In

Bitcoin and Ethereum are correlated

Bitcoin and Ethereum are correlated, and it’s expected for a major event like the Merge to impact both blockchains even if only one experienced the changes it brought.