A leading analytics firm, CryptoQuant, suggests that Ethereum’s (ETH) price may have reached its bottom against Bitcoin (BTC). Their analysis shows a significant surge in the ETH/BTC ratio by 38%, highlighting increased demand and decreasing selling pressure. This potential turn could pave the way for a new era of growth within the cryptocurrency market. The recent surge has brought Ethereum’s price to $2,584 after a 1.9% increase over the past 24 hours. The crypto’s overall market capitalization surpasses XRP and positions itself as a major player in the space. Meanwhile, Bitcoin dominance is experiencing a decline, with the possibility of falling below the 60% mark. Read the full article on U.Today.