Jinse Finance reports that Ethereum's value relative to Bitcoin has been on a downward trend since the beginning of this month, currently touching 0.0615, according to TradingView data. The weakening of this relationship reflects Bitcoin's strong price increases over the past month. While Bitcoin was up 10% over the period, Ethereum was up 1%.

Pastel Network co-founder Anthony Georgiades said that due to regulatory uncertainty over marking certain digital assets as securities, Bitcoin is the only digital asset decentralized enough in the eyes of regulators, and certainly not a security.
In the absence of an external shock such as a credit crisis, Georgiades argues that the market's funds $BTC$ He stated that he can expect some speculation or trade rotation to divert from . Ethereum's unique features, such as its ability to facilitate a wide range of applications from DeFi to NFTs, are key differentiators from Bitcoin and offer a unique value proposition. #gateioTurns10# #GateioBounty# #ContentStar# #GateioBountyCreator # #In Gateio #