ETH Rally Uncertain, BTC Dominance Strong A recent report by crypto service provider Matrixport suggests that a rally in Ethereum (ETH) is unlikely in the current market conditions. The report attributes this to the continued dominance of Bitcoin (BTC) and the declining trend in ETH dominance since the launch of the spot ETF in July. Despite the current bearish sentiment, the report acknowledges the possibility of a rally in the future. It notes that if the market environment becomes more favorable in 2025, ETH may experience a renewed surge in value. Traders and investors should closely monitor market conditions and evolving trends to make informed decisions about their ETH positions.

#BTC #ETH