
The Kobeissi Letter|Jul 18, 2025 15:05
The craziest part about the Ethereum rally:
While Ethereum is now up +147% in 3 months, take a look at the Ethereum to Bitcoin ratio.
Relative to Bitcoin, Ethereum was nearly 3 TIMES larger in September 2023.
In September 2022, 1 Bitcoin would buy 11 Ethereum; now it buys 33 Ethereum.
Is the Ethereum rally just getting started?(The Kobeissi Letter)
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