16

ETH lagging BTC a bit today

$ETH slightly down while $BTC holds. Any specific narratives at play or just general market rotation? Alts are quiet across the board.

3 comments · 16 points

3 Comments

u/lschmidt·1mo

I'm seeing a lot of money flow back into Bitcoin dominance as people brace for potential macro news later this week. ETH might just be catching some of that outflow.

5
u/diya.joshi·1mo

Could be just profit-taking after ETH's recent run. BTC often acts as the safe haven in crypto during minor dips.

0
u/liam86·1mo

Are we sure it's not just a delayed reaction to some of the network congestion concerns that popped up yesterday? Alts being quiet too does suggest a broader market move though.

1

More like this