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Matrixport Lianchuang: ETH/BTC may drop to 0.05 first and then rise to 0.06

Matrixport Lianchuang: ETH/BTC may drop to 0.05 first and then rise to 0.06

CointimeCointime2024/05/25 07:28
By:Cointime

Daniel Yan, the founder of Kryptanium Capital and co-founder of Matrixport, said that although ETH prices may benefit in the long term, we may see sustained net outflows from ETH trust funds (ETHE) due to the steep learning curve and lack of proof of stake income.He also stated that ETH/BTC may first drop to 0.05 and then rise to 0.06.

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