Ether Drops to 4-Year Low Against Bitcoin as Trump Seen Boosting Largest Cryptocurrency

Quick Summary:

The ether-bitcoin ratio dropped to the lowest since 2021 as incoming President Trump seen fueling BTC popularity.

ETH's value proposition has been on the decline ever since.

The exchange rate for the two tokens, conventionally called a ratio, peaked above 0.08 in 2022.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets: United StatesCuba

Topics: Bitcoin Ether Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 10:45:38 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25282066

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Main Topics: Crypto

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