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Data shows pro traders are currently more bullish on Ethereum than Bitcoin
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Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new high at 0.089 BTC on Dec. 9.
To put things in perspective, Ether's $490 billion market capitalization currently represents 54% of Bitcoin's $903 billion. This ratio finished 2020 at a mere 15%, so it is safe to conclude that some 'flippening' has occurred. It might still be far from what Ethereum-maximalists
Read more on cointelegraph.comAbout this in other media
Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News cryptonews.com /2 years ago
El Salvador’s Bitcoin City and why it could be a ‘pretty attractive opportunity’ ambcrypto.com /2 years ago
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years cointelegraph.com /2 years ago
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