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Ethereum Price Prediction As ETH/BTC Plunges To New Lows
Ethereum price has been showing weakness compared to Bitcoin for the past few months. While the ETH to USD pair might seem to follow the Bitcoin price action, the ETH/BTC pair remains in a constant downtrend. This shows that there is more demand for Bitcoin than the native asset of the biggest smart contract blockchain. ETH price is down 1.08% on Thursday as most altcoins failed to catch bids. Therefore, the sellers had to go down the order book to dump their coins. This resulted in the altcoin market cap falling 0.49%. ETH changes hands at $1547 at press time, 5.7% below its weekly high. ETH/BTC pair reveals the ... (full story)