Ethereum nears key Bitcoin price level that last time sparked 450% gains
From Cointelegraph
May 3, 2025 1:45 PM:
Ethereum’s Ether (ETH) token is nearing a crucial price point against Bitcoin (BTC), historically signaling a significant rebound. The ETH/BTC pair is close to levels seen in 2019 before a 450% rally. Ethereum co-founder Vitalik Buterin proposes new changes to simplify and improve Ethereum. Analysts see potential for a bullish trend for ETH.
Bitcoin pioneer Adam Back advises selling ETH and buying Bitcoin due to Ethereum’s design flaws and technical risks. Back criticizes Ethereum’s account-based system and the shift to Proof-of-Stake, warning of centralized power and security risks. He suggests abandoning ETH and investing in Bitcoin instead.
Read more at Cointelegraph: Ethereum nears key Bitcoin price level that last time sparked 450% gains