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After 90% crash, Ethereum just printed a major cycle bottom: fund manager After 90% crash, Ethereum just printed a major cycle bottom: fund manager

After 90% crash, Ethereum just printed a major cycle bottom: fund manager

Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result.

After 90% crash, Ethereum just printed a major cycle bottom: fund manager

Photo by Martin Sanchez on Unsplash

Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result.

However, it’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have fallen off dramatically by dozens and dozens of percent, crushed under the pressure of a dominant Bitcoin that has benefited from a strong first-mover advantage and sell-offs in the altcoin market.ย  But, according to a fund manager and a flurry of fundamental signs, it may be time for Ethereum to start to reclaim some of its lost gains.

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