Wintermute: ETH Is 'Not the Right Asset' for This Macro — Down 10.2% This Week!

Ethereum fell 10.2% this week, continuing to underperform across both spot and derivatives markets, with the ETH/BTC ratio pressing down to 0.0275. Algorithmic trading firm Wintermute said bluntly that Ethereum is "not the right asset for this macro" as rising Treasury yields and reaccelerating…