CryptoQuant: Ethereum May Have Bottomed Out, Altcoin Season Could Begin
PANews reported on May 17 that CryptoQuant tweeted that Ethereum might have bottomed out compared to Bitcoin. The ETH/BTC ratio has surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are increasing their holdings. This could signal the start of altcoin season.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
lxuan.eth spent 2.04 million USDC to purchase 74,893 HYPE
UK's New Regulations Require Cryptocurrency Companies to Report User Information and Transaction Details
Bitget Onchain Launches AGT, FARTSIGHT, and buidl Tokens
Stablecoin Market Cap Grows 0.45% Over the Past 7 Days, Surpassing $243.8 Billion
Trending news
MoreCrypto prices
More
