Cryptocurrency analyst Benjamin Cowen highlighted the current attractiveness of Ethereum 
$2,723‘s price level against Bitcoin 
$97,651, suggesting potential investment opportunities. He observed that when the ETH ($2,886.34)/BTC ($87,074.00) ratio is evaluated around the 0.03 mark, it may signal a favorable moment for traders. Cowen emphasized the importance of closely monitoring market developments for potential gains.
ETH/BTC Ratio and Expectations for Alt Seasons
Cowen noted that the ETH/BTC ratio is currently at 0.02806 BTC, reflecting a 1.3% increase during the day. He cautioned that while this ratio could dip lower, remaining near this level is crucial for the initiation of an alt season. An upward trend in the ratio is anticipated for the alt season to commence.
24h Most Popular
Utilities