The decrease in the ETH/BTC ratio comes as the supply of ETH has been dropping; bitcoin holds steady near $23K, while ether remains above $1.6K in Monday trading. JPRubin23 and GWilliamsJr_CMT write
By James Rubin
The largest cryptocurrency by market capitalization was recently trading at $22,968, up almost a percentage point over the past 24 hours, BTC has risen more than 35% since the start of the year amid concrete signs that prices are declining without the economy falling into steep recession.
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