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ETH/BTC Ratio Surges 40% in July Amid Institutional Interest
Gate News bot message, The ETH/BTC ratio recorded a significant 40% increase over the past month, reaching approximately 0.031 from 0.022 on June 23rd.
The ratio surge coincided with Ethereum's price appreciation of over 60% during the same 30-day period. The growth occurred alongside substantial Ethereum ETF inflows and heightened institutional participation throughout July.