ETH/BTC continues to break down, while almost $1B of Bitcoin flows back onto exchanges
quick take
- ETH/BTC continues its downtrend, heading towards a 6-month low currently at 0.067.
- Over the past three days, nearly $1 billion worth of Bitcoin has returned to exchanges.
- Risk-on assets may suffer in the near term as the infection spreads from the banking sector.
Post-ETH/BTC continues to collapse, but nearly $1 billion of Bitcoin is back on exchanges, first appearing on CryptoSlate.