Is Bitcoin set to overshadow Ethereum in the next bull market?

March 28, 2024, 10:03 a.m.

Is Bitcoin set to overshadow Ethereum in the next bull market? The ETH/BTC ratio nears a multi-year low, signaling a potential shift towards Bitcoin dominance in the digital asset market. Quick Take The Ethereum (ETH) to Bitcoin (BTC) exchange rate, currently trading slightly above 0.05, has utilized this support level for the past six months. This enduring stability at the support level may indicate an impending alteration in market dynamics. Historically, Ethereum has closely tracked Bitcoin’s market movements. However, this …

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Is Bitcoin set to overshadow Ethereum in the next bull market?

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