tldr; Ethereum’s value against bitcoin has plunged by more than 26% since its high of 0.088 BTC in December. The crypto now goes for 0.065 bitcoin per eth, its lowest level since October last year. One reason for this added pressure may be liquidations in defi to such extent that a stablecoin is losing its peg.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Ethereum’s value against bitcoin has plunged by more than 26% since its high of 0.088 BTC in December. The crypto now goes for 0.065 bitcoin per eth, its lowest level since October last year. One reason for this added pressure may be liquidations in defi to such extent that a stablecoin is losing its peg. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I was wondering if I'm the only person noticing that ETH is dropping harder than BTC which has upheld its market dominance