“With the ETH/BTC ratio trading back to previous highs, some have started to unwind their long ETH/short BTC trade, and this has caused a +10% rally in BTC. Beta adjusted, bitcoin has outperformed ether during the last week,” Markus Thielen, chief investment officer at British Virgin Islands-based IDEG Asset Management, said in an email. www.coindesk.com
“With the ETH/BTC ratio trading back to previous highs, some have started to unwind their long ETH/short BTC trade, and this has caused a +10% rally in BTC. Beta adjusted, bitcoin has outperformed ether during the last week,” Markus Thielen, chief investment officer at British Virgin Islands-based IDEG Asset Management, said in an email.
www.coindesk.com