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Crypto

ETH/BTC Ratio Surges 25% in Q3

Guavy AI Editorial Team
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BTC ETH
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The Ethereum/BTC ratio has seen significant growth in Q3, increasing by 25% and setting it up for its strongest quarter on record.

This development comes as a boost to the Ethereum community, which had been struggling with low gas fees and high transaction costs earlier this year.

The improved ratio is attributed to the growing adoption of decentralized finance (DeFi) applications on the Ethereum network, which has led to increased demand for Ether (ETH).

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