ETH/BTC Ratio Nears 0.03 as Ethereum Gains on Bitcoin

Crypto Insight Summary: One ether bought about 2.3% more bitcoin on November 3 than it did on October 29. That put the ETH/BTC ratio near 0.02954, its highest reading in CoinGecko’s seven-day snapshot. From there, ether needed roughly another 1.6% gain against bitcoin to reach 0.03 BTC. The interesting part is how ether got there. On Monday, ETH […] Crypto Insight Analysis: Direction: Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETH outperformed BTC, lifting the ETH/BTC ratio toward 0.03 and showing short-term relative strength.