Odd Lots
A Shift Just Happened in the Ethereum-Bitcoin Ratio
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Here’s something different. The Ethereum/Bitcoin ratio pattern just changed and it may be something to watch. For the last few weeks, Ethereum has been looking like high-beta Bitcoin. When Bitcoin went up, Ethereum went up more. When Bitcoin went down, Ethereum went down more.
This was starting to catch the attention of a lot of people on Wall Street. And, in general, there’s been a lot of attention paid to Ethereum’s relative strength — particularly on the way up.