ETH/BTC Ratio Falls to 2016 Levels as ETH Weakens

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The ETH/BTC ratio fell to approximately 0.0265, returning to levels not seen since 2016. FinanceSpeed cited slower spot ETF demand, Layer 1 competition, and lower fee revenue from Layer 2 expansion as factors behind ETH weakness.
ETH1.44%
BTC0.57%
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