Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Matrixport Lianchuang: ETH/BTC may drop to 0.05 first and then rise to 0.06

Matrixport Lianchuang: ETH/BTC may drop to 0.05 first and then rise to 0.06

CointimeCointime2024/05/25 07:28
By:Cointime

Daniel Yan, the founder of Kryptanium Capital and co-founder of Matrixport, said that although ETH prices may benefit in the long term, we may see sustained net outflows from ETH trust funds (ETHE) due to the steep learning curve and lack of proof of stake income.He also stated that ETH/BTC may first drop to 0.05 and then rise to 0.06.

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Donald Trump's inauguration may no longer be a sell-the-news event for bitcoin, K33 says

Bitcoin’s price initially surged following Donald Trump’s election victory, buoyed by the prospect of his pro-crypto policies.However, macro headwinds have seen markets cool since mid-December, leading analysts at K33 to ponder if Trump’s inauguration is no longer a sell-the-news event.

The Block2025/01/14 16:33