IntoTheBlock: ETH/BTC Rate Hits 40-Month Low
Article is form Jinse
September 20, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, IntoTheBlock revealed that Ethereum (ETH) traded at its lowest price against Bitcoin (BTC) in over 40 months. Bitcoin ETFs have seen mostly positive capital inflows, while Ethereum has experienced continuous outflows. This trend suggests institutional investors prefer the relative stability of Bitcoin over Ethereum's high-risk, high-reward portfolio.
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