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Ether Lags Bitcoin As Ethereum Merge Close; Here’s Why

by SuperiorInvest

“With the ETH/BTC ratio trading back to previous highs, some started unwinding their long ETH/short BTC and this caused a +10% rally in BTC. Beta adjusted, Bitcoin outperformed Ether during the past week, Markus Thielen, Chief Investment Officer IDEG Asset Management, based in the British Virgin Islands, said in an email.

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