According to BlockBeats, on November 17, according to Cointelegraph, famous macroeconomist Lyn Alden said that she has always been a "polite long-term Ethereum bear", and Ethereum's weakness relative to Bitcoin was surprising after the presidential election results were ultimately more favorable to cryptocurrencies. "The post-election performance of the ETH/BTC exchange rate was more brutal than I expected. After Trump's victory, the exchange rate rose and then fell, but the good news brought a new low."
On November 14, according to HTX market information, the ETH/BTC exchange rate fell to 0.03358, the lowest point since April 2021. James Fickel, a "dead bull" of the ETH/BTC exchange rate, also exchanged 2,000 ETH for 67.39 WBTC yesterday to repay his debts, and lost a total of 24,400 ETH (about 76.45 million US dollars) due to long ETH/BTC exchange rates.
