ETH-BTC Ratio Hits 3-Year Low Despite Market Recovery: What’s Next for ETH Price?
As Bitcoin’s price surged towards $66K following softer-than-expected U.S. inflation data, the ETH/BTC ratio has declined to a three-year low. This decline comes despite the market’s overall recovery, bringing the crypto market close to resistance levels. Analysts are closely watching the ETHBTC ratio, seeing it as a signal of declining interest in Ethereum’s price compared…