Coin-Turk 12 minutes ago
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Crypto analyst Benjamin Cowen expressed concerns over Ethereum’s potential decline in value against Bitcoin 
$96,396. He believes that the ongoing restrictions in U.S. monetary policy might continue to push the Ethereum 
$2,679/Bitcoin parity downwards.
Ethereum’s Potential Drop
Cowen noted that current economic dynamics play a crucial role in Ethereum’s valuation. He highlighted that historically, the Ethereum/Bitcoin ratio has bottomed out when U.S. monetary policy started to ease. However, his focus is now on the impacts of the tightening monetary policy.
The analyst pointed out that Ethereum has undergone several narrative shifts and technological transitions, including the move from proof-of-work to proof-of-stake and various periods of deflationary …
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