ETH-BTC ratio bottomed in April, mirrors 2019 cycle: Analyst

TL;DR:

The Ethereum ecosystem continues to see increased development and value locked in tokenized assets, according to market analyst Michaël van de Poppe.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.