PANews reported on May 17 that CryptoQuant tweeted that Ethereum might have bottomed out compared to Bitcoin. The ETH/BTC ratio has surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are increasing their holdings. This could signal the start of altcoin season.
CryptoQuant: Ethereum May Have Bottomed Out, Altcoin Season Could Begin
PANews2025/05/17 09:37
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Crypto prices
MoreBitcoin
BTC
$80,057.23
-0.56%
Ethereum
ETH
$2,319.09
-1.08%
Tether USDt
USDT
$0.9985
-0.03%
BNB
BNB
$737.46
-0.54%
XRP
XRP
$1.29
-0.75%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$100.96
-0.39%
TRON
TRX
$0.3298
+0.43%
Zcash
ZEC
$1,207.39
+1.42%
Hyperliquid
HYPE
$76.49
+0.91%
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