How low can ETH price drop versus Bitcoin amid the DeFi contagion? By Cointelegraph
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How low can ETH price drop versus Bitcoin amid the DeFi contagion?Ethereum’s native token Ether (ETH) has declined by more than 35% against (BTC) since December 2021, with a potential to decline further in the coming months.
The ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping their capital long-term in BTC.
TVL wipe-out
Bitcoin struggling but stronger than Ether
Continue Reading on Coin Telegraph
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How low can ETH price drop versus Bitcoin amid the DeFi contagion?Ethereum’s native token Ether (ETH) has declined by more than 35% against (BTC) since December 2021, with a potential to decline further in the coming months.
The ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping their capital long-term in BTC.
TVL wipe-out
Bitcoin struggling but stronger than Ether
Continue Reading on Coin Telegraph
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