ETH/BTC Ratio Drops to Lowest Since April 2021

IconCNT15 May, 2024

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ETH/BTC Ratio Drops to Lowest Since April 2021

The ETH/BTC ratio has reached its lowest level since April 2021, according to data from Bitget. The ratio hit 0.0458, indicating that the value of Ethereum (ETH) has fallen relative to Bitcoin (BTC). As of now, the ratio stands at 0.046. This decline in the ETH/BTC ratio suggests that investors are becoming more cautious about Ethereum and are moving their funds into Bitcoin. Bitcoin is often seen as a safer investment than Ethereum, as it has a longer track record and is more widely accepted. Previously on 15 May 2024, the ETH/BTC ratio hit its lowest level since April 2021, at 0.0458. It is currently at 0.046.

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