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TechFlow news, Matrixport co-founder Daniel Yan said the ETH/BTC exchange rate is currently at 0.0485 and is expected to stabilize around this level, with a near-term break below 0.0450 being unlikely. He noted that ongoing ETF fund outflows will weigh on this pair, but shorting from the current level may carry risks.
Matrixport co-founder Daniel Yan stated that the ETH/BTC pair is currently trading at 0.0485 and is expected to stabilize at this level, with a near-term breakdown below 0.0450 being unlikely. He noted that ongoing outflows from ETFs will weigh on the pair, but shorting from the current level may carry risks.
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