ETH/BTC Indicator Plummets to Record Low of 0.0197

Source
Uk Jin

Summary

  • It was reported that the ETH/BTC indicator fell to 0.0197, marking a record low.
  • Currently, ETH/BTC has recovered to 0.02027, but it is still in a downward trend.
  • It was reported that the relative value of Ethereum continues to show a downward trend compared to Bitcoin.

The ETH/BTC indicator, which represents the relative value of Ethereum (ETH) compared to Bitcoin (BTC), has hit a record low.

According to TradingView on the 7th, ETH/BTC is recorded at 0.02027. The indicator once hit 0.0197 during the day, marking an all-time low. It is explained that the value of Ethereum compared to Bitcoin continues to show a downward trend in the bear market.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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