Why Bitcoin is Winning Against Ethereum

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The introduction of spot Ethereum ETF could play a crucial role in reshaping the ETH/BTC ratio.

The 2023-24 crypto cycle has witnessed a deviation from historical norms in the ETH/BTC ratio. The ratio, in question, is a key indicator of capital rotation and risk appetite in the market.

Despite the beginning of a bull market in late 2022, the ratio has unexpectedly continued to decline. Experts suggest that there are two factors at play with regard to this relative underperformance.


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