Reported about 13 hours ago
As Bitcoin approaches $100,000 following the 2024 presidential election, the Ethereum-to-Bitcoin ratio has fallen to a three-year low of 0.032. Analysts attribute Bitcoin's rise to anticipated favorable policies toward cryptocurrencies under President-Elect Trump, leading large investors to shift their focus from Ethereum to Bitcoin. Industry experts remain optimistic for Bitcoin’s continued growth, while Ethereum's recent stability suggests potential upward movement, but its performance could be impacted by Bitcoin’s fluctuating dominance.
Source: YAHOO