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Crypto prices met resistance this week; Ether rejected off $3k, Bitcoin defended $50k, and the total crypto market cap struggled to crack $1.9T. What else happened in markets?
ETH’s surge to $3k has been accompanied by an uptick in the ETH/BTC ratio, which is up 8% in February and is retesting the downtrend that has plagued HODLers since prior to the Merge in September 2022!
As Etherians took to Crypto Twitter to relish in the strength of their chosen assets this week, Solana’s manlets found themselves relegated to second fiddle as SOL/ETH plunged for the second consecutive week to 2024 lows of 0.034!
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