#USStablecoinBill Brief Analysis of the Cryptocurrency Pair: ETH/BTC

The ETH/BTC pair is one of the most prominent pairs in the cryptocurrency world, reflecting the relationship between the second largest cryptocurrency by market capitalization (Ethereum) and the oldest and most famous cryptocurrency (Bitcoin).

This pair is not used to measure value in dollars, but rather shows the relative strength between Ethereum and Bitcoin. When this pair rises, it means that Ethereum is outperforming Bitcoin, and vice versa.

Interest in this pair is important for investors who prefer to diversify their portfolios within the cryptocurrency market, without reverting to dollars or traditional currencies. This pair is also considered an indicator of how the market is leaning towards smart contracts and decentralized protocols versus the traditional trend of storing value in Bitcoin.