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Matrixport: Ethereum may underperform again relative to Bitcoin

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2024-06-12 12:00:32
On June 12, Matrixport officially issued a post saying that since the merger of the PoW and PoS chains in September 2022, the ETH/BTC exchange rate has been on a clear downward trend. Although Ethereum occasionally briefly surpassed Bitcoin, this situation did not last. As the exchange rate approaches the top of the downside channel, ETH may perform poorly again.
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