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ETH/BTC Pair Drops 15% as Traders Watch 48-Hour Support Test

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ETH
$2,990.830.27%
This is the logo of the coin.
BTC
$88,292.300.06%
BTC price dipped as ETH/BTC pair fell nearly 15% amid a risk-averse market ahead of a key 48-hour support test. ETH/BTC traded around 0.0327 Thursday morning, down from summer highs above 0.05. BTC price held in the mid-to-high $80,000s while ETH dropped to the low $2,800s. Analysts are watching support near 0.0325 and the 20-day moving average. BTC dominance has risen as ETF inflows and delayed U.S. crypto legislation push capital toward Bitcoin.
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