CryptoQuant: ETH's valuation compared to BTC hits a new low since 2019
2025-05-08 09:17:35
CryptoQuant said in a social media post that ETH's current valuation compared to BTC has fallen to its lowest level since 2019. Historical data shows that this situation usually results in ETH outperforming BTC. However, the current supply pressure, weak demand, and lackluster on-chain activity in the market may hinder the progress of its price rebound.
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