ETH/BTC Pair at Highest Point Since 2019
One bullish sign for crypto: The ETH/BTC trading pair, which highlights the strength of ether versus bitcoin, is trending way up Tuesday as some traders are selling BTC for ETH. "I am keeping a close eye on the ETH/BTC pair, as ETH is at a key level not seen since January 2019,” said Jason Lau, chief operating officer for cryptocurrency exchange OKcoin.
“With Bitcoin just crossing that $12,000 resistance level and ethereum at dollar price levels not seen since June 2018, there is certainly bullish sentiment across the market," added Lau.
“With Bitcoin just crossing that $12,000 resistance level and ethereum at dollar price levels not seen since June 2018, there is certainly bullish sentiment across the market," added Lau.
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