Saturday 29 August 2020

Ethereum is slowly and methodically gaining value against Bitcoin

Ethereum is slowly and methodically gaining value against Bitcoin. This means that the ETH/BTC ratio is moving up. Despite the fact that Ether tends to bleed harder than BTC when BTC has a bad day, Etheruem tends to recover quicker as long as BTC holds its ground. This has led us to higher and higher ETH/BTC valuation as the weeks pass by. Will this trend continue? Will the Ethereum valuation against Bitcoin go into a bubble? TA Video by Benjamin Cowen.