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IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low

IntoTheBlock: ETH/BTC Exchange Rate Hits 40-Month Low

Bitget2024/09/20 12:13

According to IntoTheBlock, ethereum (ETH) has traded at its lowest level against bitcoin (BTC) in more than 40 months, with bitcoin ETF inflows mostly positive while ethereum has experienced persistent outflows, a trend that suggests institutional investors are favoring bitcoin's relative stability over ethereum's high-risk, high-return portfolio.

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