Ethereum at 3-year low vs. Bitcoin; Is the flippening over?
Ethereum (ETH) has reached its lowest value against Bitcoin (BTC) in a 3-year time frame, worth 0.04872 BTC. This 3-year low ETH/BTC exchange rate challenges what Ethereum enthusiasts call “the flippening .” Barchart noticed the new record lows and reported about it on April 5, sharing a daily price chart for ETH/BTC. On that chart, we see Ethereum breaking this time frame’s previous low of January 2024 against Bitcoin. Notably, these are part of a visible downtrend that came from September 2022 after the cryptocurrency market crash. During the crash, Ethereum massively dropped against Bitcoin, reaching the period’s previous lows at 0.04908 BTC. Picks for you Solv Protocol introduces a reward system and reveals airdrop plans 3 hours ago 3 cryptocurrencies to avoid trading next week 4 hours ago Bhutan increases Bitcoin mining power 6x ahead of BTC halving 4 hours ago Binance unveils Discover, an industry-first futures copy-trading...