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Bitcoin’s Ratio Against Ethereum Rises to a Two Years High

From trustnodes.com

Ethereum’s value against bitcoin has seen its ratio drop to the lowest level since March 2017. As far back as 2016 there were months when ethereum’s ratio was higher, but for months now it has only been downhill. Ethereum’s value against bitcoin has dropped nearly 10x since the high of summer 2017 with it sidewaying since September, but now appears to have broken down. Why the second biggest crypto is attracting so much less value is not clear, but there are quite a few things to look forward to for bitcoin that may not necessarily apply to eth. Bakkt is to launch testing today with the bitcoin settled futures aimed ... (full story)

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  • Category: Fundamental Analysis