IntoTheBlock: ETH/BTC exchange rate hits 40-month low
2024-09-20 11:48:15
Intotheblock disclosure ethereum eth exchange ratio bitcoin btc transactiondesk3cryptocurrencydesktopCrypto News
According to IntoTheBlock, the trading price of Ethereum (ETH) against Bitcoin (BTC) has fallen to its lowest level in more than 40 months. Bitcoin ETF inflows have mostly been positive, while Ethereum has experienced continued capital outflows. The relevant trends suggest that institutional investors prefer the relatively stable characteristics of Bitcoin over the high-risk and high-return portfolios of Ethereum.
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