While the world is noisy about strategic cryptocurrency reserves, Australia is taking a different path.
Ethereum Struggles as ETH/BTC Ratio Hits 4-Year Low—Can It Rebound?
Ethereum’s underperformance against Bitcoin, reflected in the ETH/BTC ratio hitting a four-year low, is driven by Bitcoin’s institutional dominance, Ethereum’s unclear narrative, weaker network activity, and a shift in speculative interest toward other altcoins.
This trend may persist in the near term as Bitcoin maintains its momentum and Ethereum faces competitive challenges.
3However, historical patterns suggest a potential rebound if catalysts such as regulatory clarity or technological upgrades emerge.
While general interest in Ethereum is waning and institutional adoption remains tepid, factors like a pro-crypto policy shift or staking enhancements could reignite enthusiasm by mid-2025.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Riot Platforms is the Bitcoin mining maverick that’s crushing it
Riot Platforms is on fire. The mining powerhouse just dropped some record-breaking numbers for 2024, as they revealed their revenue reports.
Trump’s team plays the crypto party cool
You gotta love the newest drama in the crypto world. David Sacks, Trump’s crypto czar, just spilled the beans and told he’s out of the crypto game.
Binance’s EU crackdown is coming for stablecoins
Binance is making some big moves in the EU, and if you’re trading there, you better pay attention.
Trump’s crypto gamble looks crazy, the US goes all-in?
President Trump just made a big move. He’s creating a US strategic crypto reserve, and it’s not just about Bitcoin and Ethereum anymore.
China and Trump’s Bitcoin play, the two story?
The crypto market is getting hotter by the minute. David Bailey, a big name in the crypto community, just spilled some juicy info, he thinks that China is secretly planning its own strategic Bitcoin reserve.
Trump’s Announcement about Crypto Reserves
Trump’s announcement of a U.S. Crypto Strategic Reserve may have resulted in a increase in crypto prices with market cap growing over $300 billion under 24 hours.
The Strategic Reserve will include major digital assets such as Bitcoin, Ethereum, XRP, Solana, and Cardano, following which Bitcoin’s price rose over 11% to $94,164, while Ethereum increased by approximately 13% to $2,516.
This comes shortly after the tariff wars which was driving the wider financial market into uncertainty of future business trades amongst the impacted countries globally.
With the introduction of this national reserve in crypto, the new U.S. administration has aligned with its initial promise of accelerating crypto adoption.
This step has positioned the U.S. amongst regions with high levels of crypto advancements. Next move to watch are the reactions from SEC with its ‘Crypto Task Force’ and IRS on this stance on taxations around the same.
The upcoming White House Crypto Summit is expected to provide additional insights into the administration’s plans for the crypto sector.
With this there can be a domino effect amongst other countries who may reconsider their crypto policies with more leniency potentially accelerating international regulatory shifts worldwide.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
