ETH/BTC Ratio Shows Bottomed in April, Mirroring 2019 Cycle: Analyst
According to market analyst Michaël van de Poppe, the Ethereum (ETH) to Bitcoin (BTC) ratio reached its bottom in April, mirroring trends observed in the 2019 cycle. The Ethereum ecosystem is reportedly experiencing increased development and value locked in tokenized assets, according to the analyst. The development suggests potential shifts in market dynamics between Ethereum and Bitcoin, though specific implications require further observation.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.