The ETH/BTC trading pair reached its highest level since December, boosted by Ethereum’s new all-time high and marking a strong rebound from April’s low.
According to HTX data, the ETH/BTC pair hit 0.0418 on August 23 following Ethereum’s new all-time high, the highest rate since December. This represents a 135% rebound from its April 22 low. The pair is now trading at 0.0405, continuing a trend that previously saw over 33% gains in 30 days and more than 75% in 90 days.