ETHEREUM IS STARTING TO OUTRUN BITCOIN
Ethereum has spent months lagging Bitcoin.
That may be changing.
The $ETH /BTC ratio has now formed a bullish golden cross, with the 50-day moving average rising above the 200-day.
And ETH has already gained roughly 25% against BTC since its June low.
This matters because #ETH /BTC strips out the broader crypto market move.
It tells us where capital is actually rotating.
If the ratio continues higher, Ethereum could have significantly more room to outperform Bitcoin.
And this is happening while institutional interest in ETH is also picking up.
July saw spot Ethereum ETFs attract more capital than Bitcoin ETFs, another sign that the market may be starting to reprice ETH differently.
Bitcoin can still go higher.
But the bigger question now is whether Ethereum is about to steal the spotlight.
Im watching ETH/BTC very closely. 👀
Ethereum has spent months lagging Bitcoin.
That may be changing.
The $ETH /BTC ratio has now formed a bullish golden cross, with the 50-day moving average rising above the 200-day.
And ETH has already gained roughly 25% against BTC since its June low.
This matters because #ETH /BTC strips out the broader crypto market move.
It tells us where capital is actually rotating.
If the ratio continues higher, Ethereum could have significantly more room to outperform Bitcoin.
And this is happening while institutional interest in ETH is also picking up.
July saw spot Ethereum ETFs attract more capital than Bitcoin ETFs, another sign that the market may be starting to reprice ETH differently.
Bitcoin can still go higher.
But the bigger question now is whether Ethereum is about to steal the spotlight.
Im watching ETH/BTC very closely. 👀
