IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low
Bitget2024/09/20 12:13
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.
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