Ethereum price retests key support level that preceded 60% gains in June 2022 By Cointelegraph

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© Reuters.

Ethereum’s Ether (ETH) token continued its losing streak versus (BTC) for the fifth day in a row as BTC’s price jumped above $30,000 for the first time since June 2022.

On April 11, the pair dropped nearly 1.6% to 0.0634 BTC to retest multi-month lows.

ETH/BTC daily price chart. Source: TradingView
Net flows into crypto funds in the week ending April 7. Source: CoinShares
ETH/BTC three-day price chart. Source: TradingView
ETH/BTC weekly price chart. Source: TradingView