đ Despite ETH's recent dip against BTC, there's still plenty to be excited about in the DeFi and Web 3 space! đ
1/ ETH has dropped 25% against BTC since 2024 started, hitting a 40-month low. But hey, every rollercoaster has its ups and downs! đą
2/ The ETH/BTC pair is now more closely tied to the U.S. Dollar Index (DXY). As the dollar weakens, traders are favoring BTC. đ
3/ Bitcoin ETFs are booming with $17.86B inflows, while ETH ETFs saw $465M in withdrawals. Ouch! đŹ
4/ Fed's dovish stance might push ETH/BTC lower, but remember, the crypto market loves a good plot twist!
What are your thoughts? Comment below! đŹ
