ETH/BTC Ratio Nears 0.03 as Ethereum Gains on Bitcoin
One ether bought about 2.3% more bitcoin on November 3 than it did on October 29. That put the ETH/BTC ratio near 0.02954, its highest reading in CoinGecko’s seven-day snapshot. From there, ether needed roughly another 1.6% gain against bitcoin to reach 0.03 BTC. The interesting part is how ether got there. On Monday, ETH […]
Key Takeaways
- One ether bought about 2.3% more bitcoin on November 3 than it did on October 29.
- That put the ETH/BTC ratio near 0.02954, its highest reading in CoinGecko’s seven-day snapshot.
- From there, ether needed roughly another 1.6% gain against bitcoin to reach 0.03 BTC.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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