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Does ETHBTC Represent Risk Appetite?

August 11, 2022

From the Desk of Louis Sykes @haumicharts

In recent weeks, we've found ourselves revisiting the following question: Is Ethereum outperforming Bitcoin a bullish characteristic for the asset class?

We addressed this question a year ago. The conclusion we reached back then was that, while ETH outperforming BTC is not a necessary condition for a bull market, it’s always an encouraging sign when we see it.

In light of the recent disparity in performance between ETH and BTC, we thought we'd re-examine this topic.

Let's get to it.

 

 

 

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