Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the world’s two most valuable cryptocurrencies, have both declined about 40% this year. Investors avoided both tokens amid fears of rate hikes, geopolitical conflicts, and other macro headwinds. Big IPOs, such as SpaceX (NASDAQ: SPCX), also likely drew more investors away from the cryptocurrency market.

I believe both cryptocurrencies are still solid long-term investments. Bitcoin is a viable hedge against expansionary monetary policies, and Ethereum remains the largest developer-oriented blockchain. However, I’m more bullish on Ether than Bitcoin today for three simple reasons.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed…