What’s Ethereum’s deal?
Cryptopolitan2024/08/25 16:00
By:By Jai Hamid
Share link:In this post: Ethereum has dropped 25% against Bitcoin since the start of 2024, hitting its lowest point in over three years. The ETH/BTC pair is becoming more tied to the US dollar Index, making traders favor Bitcoin as the dollar weakens. Ethereum-related investment products are seeing major outflows, with Grayscale’s Ethereum Trust losing $118 million.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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