Ethereum outpaces Bitcoin post-ETF launch as ETH/BTC ratio skyrockets
[ad_1] While the launch of spot Bitcoin ETFs in the U.S. put Bitcoin under the spotlight, focusing solely on its price movements provides an overly simplified, shallow representation of the market. It’s important to analyze Bitcoin in the context of other assets — both crypto and traditional. Bitcoin’s relationship with Ethereum has always been meaningful. […]
Ethereum Trouncing Bitcoin, ETH/BTC Ratio Bouncing Higher: Will This Trend Continue?
[ad_1] Amidst a volatile crypto market, Ethereum (ETH) is gaining momentum, outperforming its long-time rival Bitcoin (BTC). According to Kaiko data, the ETH/BTC ratio has steadily risen, rebounding from multi-year lows. ETHBTC ratio trend | Source: Kaiko on X ETH/BTC Ratio Rising, ETH Momentum Building The ETH/BTC ratio technically gauges market sentiment towards these two leading […]
Ethereum Eyes Breakthrough As Analyst Signals Upward Trend
[ad_1] Ethereum (ETH) is currently at a crossroads that could define its trajectory in the coming weeks. Renowned crypto analyst Michaël van de Poppe has shared a notably bullish perspective, highlighting Ethereum’s approach to its 2022 low as a potential springboard for a breakout. In his analysis, Van de Poppe underscores the importance of Ethereum’s […]
ETHBTC May Capitulate, Will These Factors Support Ethereum?
[ad_1] Despite ETHBTC trending lower in favor of Bitcoin (BTC), there is a chance that the second most valuable cryptocurrency will recover in the months ahead. Taking to X in support of Ethereum (ETH), a crypto analyst, Mckenna, said a favorable combination of protocol-related and regulatory factors may support ETH, plugging the bleed versus BTC and […]
Ethereum-Bitcoin ratio drops to historic low as ETF approval speculation heightens
[ad_1] Ethereum’s value against Bitcoin has dropped to historical lows as market anticipation grows for an imminent launch of a spot exchange-traded fund in the U.S. Data from Paris-based crypto intelligence platform Kaiko showed that the ETH/BTC ratio has steadily declined since the smart-contract-enabled blockchain transitioned into a proof-of-stake network in September 2022. During the […]
Trading Guru John Bollinger Warns Of Buying Litecoin, Here’s Why
[ad_1] In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for developing the popular technical analysis tool Bollinger Bands, highlighted a worrying pattern in the Litecoin market. He remarked, “I was asked for an analysis of LTCBTC. The thing that concerns me the […]