Analyst Benjamin Cowen, closely followed in crypto money markets, Ethereum $2,120.95‘s Bitcoin 
$79,984.07 He said that the process of depreciation may continue. In the video update, Cowen said that the ETH/BTC ratio may go down to a certain level by the end of the year and create the base point in the loop.
Analyst Opinions
Benjamin Cowen, ETH/BTC parity approaching the bottom levels and existing market conditions may watch in this direction, he added. Cowen, in a video of the investor audience, the ETHBTC parity may fall to around 0.017 suggested.
Benjamin Cowen: “ETH/BTC market value rate is quite close to the bottoms. This ratio is likely to descend to the base. “
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FED policies and market effects
Analyst said that if the US Federal Reserve’s quantitative tightening policy ends, the ETH/BTC parity can suddenly go to the base. This situation may play an important role in ETH pricing.
Cowen pointed out that after the policy change, the recovery signals in the market can be expected, but the permanent rise trend is only possible with the end of the tightening period. Explanations reveal that the wavy course of the market may continue.
In June 2022, the US Federal Reserve took steps to control the money supply by deciding to reduce the balance sheet. According to the current data, ETH/BTC ratio was written at the level of 0.0264 and a decrease of 3.2 percent compared to the previous 24 hours. These developments constitute important data for investors who closely follow the dynamics of the market.
The effects of market data and policy changes should be followed carefully by investors. In the evaluation of fluctuations at price levels, analyst explanations are seen as guiding, but unexpected changes may be in the market conditions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
