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Benzinga
Benzinga
Business
Khyathi Dalal

Ethereum's Strength Against Bitcoin Is Real But Beware A September Pullback, Analyst Warns

Two,Coins,Bitcoin,And,Ethereum,On,A,Dark,Background.,Business

Ethereum (CRYPTO: ETH) is showing relative strength against Bitcoin (CRYPTO: BTC), but analysts warn the trend is temporary, with a rebound likely only after a seasonal pullback.

What Happened: In a podcast update on Wednesday, Benjamin Cowen highlighted the ETH/BTC ratio at 0.038, resembling August–September 2020 bottoming patterns.

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