Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why

Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why

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Source: Coindesk.com

The ether-bitcoin ratio slides to a three-year low, extending year-to-date losses to nearly 16%. Several factors, such as uncertainty about the launch of spot ETH ETF in the U.S. and the growth of Ethereum-killers like Solana, are responsible for ether’s underperformance.

The ratio between ether (ETH) and bitcoin’s (BTC) dollar-denominated prices

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The post "Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why" appeared first here Coindesk.com.

Source: Coindesk.com

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