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Renowned analyst Benjamin Cowen suggests that Ethereum (ETH ($2,223.00)) $2,236 may continue to lose value against Bitcoin (BTC ($83,992.04))
$84,435. In his recent video update, Cowen noted that the ETH/BTC ratio could decline to a particular level by the end of the year, potentially marking a bottom point in the cycle.
Analyst Insights
Cowen emphasized that the ETH/BTC pair is nearing its low levels, and current market conditions could lead to this outcome. In the video directed at the investor community, he projected that the ETH/BTC ratio might drop to around 0.017.
Benjamin Cowen: “The ETH/BTC market cap ratio is very close to its bottom. There is a possibility for this ratio to hit the floor.”
Fed Policies and Market Effects
The …

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