The post Ethereum’s Struggle Continues as ETHBTC Ratio Hovers Around 2-Month Low: Will ETH Price Break Consolidation? appeared first on Coinpedia Fintech News
Ether, the second largest cryptocurrency, has fallen more than 20% against Bitcoin in the last six weeks. With the ETHBTC ratio remaining near a two-month low, sellers are pushing to stabilize the price below $3,400. This pressure has led to a significant drop in an important on-chain metric, indicating potential further declines in its price. …