Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters

Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters

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Source: Coindesk.com

The ETH/BTC ratio has hit its lowest since April 2021, dipping below 0.04, signaling a decline in investor interest in ether relative to bitcoin. The preference has swung towards bitcoin, which was influenced by the introduction of bitcoin ETFs, which saw significant inflows compared to ether ETFs experiencing net outflows. Some traders say this shift

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The post "Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters" appeared first here Coindesk.com.

Source: Coindesk.com

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