IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low
According to IntoTheBlock, ethereum (ETH) has traded at its lowest level against bitcoin (BTC) in more than 40 months, with bitcoin ETF inflows mostly positive while ethereum has experienced persistent outflows, a trend that suggests institutional investors are favoring bitcoin's relative stability over ethereum's high-risk, high-return portfolio.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Suspected BitMine address increases holdings by 20,532 ETH
Data: 400 millions USDT transferred out from a certain exchange detected
Circle issues 500 million USDC on Solana
Uzbekistan approves the use of stablecoins for payments under new sandbox mechanism
Trending news
MoreCrypto prices
More
