Ether-to-Bitcoin Ratio Falls Below 0.03 for First Time Since Aug. 19
Photo: TokenPost
The Ether-to-Bitcoin ratio fell below 0.03 on Monday evening ET, marking its first move under that level since Aug. 19 and reflecting continued Ether underperformance against Bitcoin. The ratio reached a low of 0.02970 before recovering slightly to 0.02992 at 10:12 p.m. ET (02:12 UTC Tuesday). The reading compares the value of Ether with Bitcoin, making it a gauge of Ether’s relative performance against the largest cryptocurrency. A lower ETH/BTC ratio means Ether has weakened relative to Bitcoin over the measured period.
Source: TokenPost
