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+3.39%
BNB
879.98
+4.33%
XRP
3.0279
+4.76%
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#ETHInstitutionalFlows #BTC What is Ethereum: Working, Types, Features | GeeksforGeeksEthereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It uses its native cryptocurrency, Ether (ETH), for transactions and as an incentive for mining. Ethereum's core functionality revolves around smart contracts, which are self-executing agreements recorded on the blockchain. This allows for the development of various applications, The trading relationship between ether and bitcoin – as measured by the ETH/BTC ratio – refers to the number of bitcoin required to purchase a single ether, given their relative prices. At recent market levels, the current ratio is about 0.056769, such that 1 BTC is worth roughly 18 ETH. At the beginning of 2023, about 14 ETH were needed to buy one bitcoin. Since Ethereum's Merge upgrade in September 2022, the ratio has declined nearly 30%. $BTC $ETH $BNB @BNB Chain @Ethereum
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