Ether-Bitcoin Ratio Hits Three-Year Low Amid ETF Uncertainties and Rising Competition from Solana
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May 17, 2024
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The SPX index is down 0.21%, recent economic indicators presented a mixed picture, showing a decrease in jobless claims, unexpected changes in import and export prices, underwhelming housing data, and stagnant industrial production. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.39% and 2.82%, respectively in the past 24 hours.