Bitget App
Trade smarter
Matrixport Co-Founder Expects ETH/BTC Exchange Rate to Stabilize at 0.0485
Bitget2024/07/26 05:35
Daniel Yan, Co-Founder of Matrixport, said that the ETH / BTC exchange rate is currently at 0.0485, where it is expected to stabilize and is unlikely to fall below 0.0450 in the near term.
He noted that continued ETF outflows will put pressure on the pair, but that shorting from the current position could be risky.
1
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Eric Trump: Bitcoin will continue to soar
金色财经•2025/11/08 06:56
Hyperliquid has launched ICP perpetual contracts
BlockBeats•2025/11/08 06:43
Clanker: Starting from November 13, creators will permanently have control over fees.
BlockBeats•2025/11/08 06:42
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$102,293.27
+0.35%
Ethereum
ETH
$3,443.67
+2.56%
Tether USDt
USDT
$0.9995
-0.01%
XRP
XRP
$2.32
+4.02%
BNB
BNB
$995.28
+2.70%
Solana
SOL
$160.83
+1.89%
USDC
USDC
$0.9998
-0.02%
TRON
TRX
$0.2916
+1.64%
Dogecoin
DOGE
$0.1801
+7.82%
Cardano
ADA
$0.5817
+6.25%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now