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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Source: Coindesk.com