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Ethereum Price is Trading at a 42% Discount Relative to Bitcoin, Why's It Important?

Key Takeaways: Ethereum is grabbing every technical analyst's attention this week. The ETH price is not exactly witnessing fireworks; it's more with the kind of persistent undervaluation that sets up dream trades for mean reversion. The current ETH price hovers near $4,000, trading at a steep 42% discount relative to Bitcoin, according to ecoinometrics. That's [...]The post Ethereum Price is Trading at a 42% Discount Relative to Bitcoin, Why's It Important? appeared first on The Coin Republic.

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