IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low
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September 20, 2024
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According to IntoTheBlock, the Ethereum (ETH) to Bitcoin (BTC) trading price has dropped to its lowest level in over 40 months. Bitcoin ETF inflows have been mostly positive, while Ethereum has seen continuous outflows. This trend suggests that institutional investors prefer the relative stability of Bitcoin over Ethereum's high-risk, high-reward portfolio.
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