The copper-to-gold ratio and the Ethereum-to-Bitcoin ratio have both dropped to historical lows
There is a striking phenomenon right now: the ratio of copper prices to gold prices, and the ratio of Ethereum to Bitcoin, are both on the floor! Interestingly, these two ratios have often fluctuated in sync throughout history—Bitcoin is called "digital gold," could Ethereum be considered "digital copper"?
The analogy becomes more fitting the more you think about it: Bitcoin, like gold, acts as a safe-haven asset, while Ethereum, like industrial copper, rises and falls based on actual application demand!
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