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Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?

  • Ethereum has struggled to keep up with Bitcoin's recovery and remains below the $2,000 mark.
  • Analysts note a decline in Ethereum's strength against Bitcoin in the derivatives market.
  • The declining open interest in Ethereum futures suggests reduced speculative interest in ETH compared to BTC.
  • Despite current weakness, there is potential for Ethereum to regain strength if market sentiment improves.

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