Ethereum Hits Lowest Level Against Bitcoin in Since May 2020!
The value of #ETH relative to #BTC has fallen to its lowest level since May 2020, raising questions about the strength of the second-largest cryptocurrency in the market.
Why is this happening?
• Bitcoin is outperforming amid strong institutional inflows and bullish markets.
• Demand for Ethereum is weak compared to the strong momentum of $BTC .
• Network updates are on the cards, and there are currently no strong catalysts supporting $ETH .
