📉 ETH down 25% vs BTC since early 2024, hits 40-month low! 😱
- ETH/BTC and USD increase in correlation, DXY down 5.35% from 2024 peak.
- Bitcoin ETF absorbs $17.86B, while Ether ETF only receives $465M, Grayscale Ethereum Trust withdraws $2.53B.
- DXY breaks long-term support, could continue to fall, good for BTC and crypto.
- ETH/BTC could fall another 10% in September if it breaks 0.0427 BTC support.
What do you think about this trend? Comment now! 💬#CryptoNews#Bitcoin#Ethereum#Blockchain