Benjamin Cowen Warns of Potential Ethereum Decline Against Bitcoin
- Cryptocurrency analyst Benjamin Cowen suggests Ethereum may continue to fall against Bitcoin if US monetary policy remains tight.
- Cowen notes the Ethereum/Bitcoin pair previously bottomed when US monetary policy eased.
- The current trading value of Ethereum is 0.0285 BTC ($2,812).
- Cowen identifies a potential support level for Ethereum/Bitcoin at approximately 0.023 BTC.
Benjamin Cowen highlights that the decline of the Ethereum/Bitcoin pair could persist until quantitative tightening ends, with past trends showing recovery when monetary policies ease. Currently, Ethereum trades at 0.0285 BTC ($2,812).
Source (2.6)https://dailyhodl.com/2025/02/06/benjamin-cowen-warns-ethereum-could-continue-bleeding-against-bitcoin-says-one-factor-to-determine-bottom/?rand=59076
