Ethereum hits multi-year low against Bitcoin erasing all gains since 2021

Liam ‘Akiba’ Wright

Ethereum has significantly underperformed Bitcoin over the year, with the ETH/BTC ratio declining 58% from its 2021 peak of 0.086 to a recent low of 0.0365. In the last week, the pair exhibited high volatility, dropping 8% before sharply rebounding 3% to 0.0374 today. Several factors contribute to Ethereum’s relative weakness. Bitcoin has reasserted its […]

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Ethereum hits multi-year low against Bitcoin erasing all gains since 2021