The ETH/BTC ratio has plunged to its lowest since April 2021, indicating dwindling investor interest in ether compared to bitcoin, as seen in recent ETF inflows.
Traders suggest this market shift reflects a growing preference for bitcoin's stability, especially following the launch of bitcoin ETFs that attracted significant investment.
Analysts forecast the ETH/BTC ratio may drop further to the 0.02-0.03 level unless there's a notable shift in investor sentiment or regulatory clarity favoring altcoins.
Bitcoin's recent performance, including over 40% year-to-date returns, starkly contrasts with ether's mere 1% gain, highlighting a shift in investment dynamics.
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