CryptoQuant: ETH's valuation compared to BTC hits its lowest since 2019 "

Crypto 7x24

2025-05-08 18:19:22

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According to online reports, CryptoQuant posted on social media that ETH's current valuation compared to BTC has dropped to the lowest level since 2019. Historical data shows that this often results in ETH performing better than BTC. However, ETH is currently facing problems such as supply pressure, weak demand and sluggish chain activity in the current market, which may hinder its price rebound process.

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