We are trying to make the Binance SQUARE Platform more valuable and attentive for you. Here are the details of our news;

Ether (ETH) has been on an uptrend since the beginning of the year, but fell in mid-March. ETH has lagged behind Bitcoin (BTC) since January 1, gaining about 48 percent in its respective USD pairs year-to-date compared to BTC's nearly 57 percent.

There are three main reasons why ETH has been lagging behind BTC over the last few days; These reasons include the decline in network activity and the lack of enthusiasm for the approval of spot Ethereum ETFs in May.

Over the last 30 days, Ether has been in a downtrend against BTC. While Ether has fallen 13.5 percent in the last 30 days, the price of BTC has fallen only 4 percent. Other top tier 1 tokens, BNB and SOL, increased by 15.5 percent and 16 percent, respectively, during the same period.

The ETH/BTC rate started to decline starting from March 8 and fell to 0.047, the lowest level of the year, on April 7.

There are several reasons why Ether has been underperforming Bitcoin recently. These reasons include all-time high prices, over $10 billion invested in spot BTC ETFs, and Bitcoin Ordinals trading volume approaching $3 billion. Additionally, decreasing on-chain activity on the Ethereum network also supports ETH's underperformance. Examining Ethereum's network activities, including scaling solutions, can provide insight into why Ether continues to underperform BTC.

#BitcoinDunyamiz

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So who will benefit?

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I EXPLAIN IN DETAIL.

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Enter the Futures Section from your application,

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WHEN WILL THE AWARD COME?

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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.