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via CoinDesk · By CoinDesk Staff

Ether weakness against bitcoin deepens as ETH/BTC ratio hits 10-month low

ETH

ETH/USDT

$2,489.53

+0.36%

$2,489.53

+0.36%

(24s)

24h Volume

$7,956,771,075.83

24h H/L

$2,523.97 / $2,460.92

Change: $63.05 (2.56%)

Long/Short

56.3%

Long: 56.3%Short: 43.8%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,482.97

▲ 0.11%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,564.88

Resistance 1$2,501.12

Price$2,482.97

Support 1$2,449.71

Support 2$2,388.28

Support 3$2,190.20

Pivot (PP):$2,472.79

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(10:20 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

ETH/BTC ratio falls to 10-month low as ether continues to underperform bitcoin

Widely followed crypto market gauge signals weakening risk appetite as investors continue favoring bitcoin over ether.

One widely watched indicator for assessing whether the crypto market is in a bullish or bearish phase is the ether-to-bitcoin (ETH/BTC) ratio.

On Tuesday, the ratio fell to 0.02835, its lowest level in…

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Source

CoinDesk Staff · CoinDesk

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