Bitcoin is seen as the 'boring, old grandpa' in comparison to Ether, according to a partner at Dexterity Capital Management.

According to Michael Safai, managing partner at Dexterity Capital, Bitcoin's stability during uncertain economic times may be contributing to its recent rally. Meanwhile, the excitement in the crypto market is centered around Ethereum, which recently underwent an upgrade. However, allegations that Ethereum is a security and should be regulated as such may be dampening its potential. For now, the U.S. Securities and Exchange Commission treats Bitcoin as a commodity.