In the bustling landscape of cryptocurrency, the Ethereum to Bitcoin ratio has long been a beacon for market insights. As the value of Ethereum ebbs and flows in the shadow of Bitcoin's towering presence, recent movements have drawn the eyes of investors worldwide—especially when considering historical peaks and troughs. But what critical event in 2022 influenced a shift in this vital metric, and how did Ethereum's monumental upgrade factor into its current standing? Discover how the fate of Ethereum's ambitious strides weighs against Bitcoin's unyielding dominance, right on the verge of...
Decline in ETH/BTC ratio shows Bitcoin’s rising market dominance Decline in ETH/BTC ratio shows Bitcoin’s rising market dominance
Ethereum's post-Merge slump versus Bitcoin's rally reflected in a declining ETH/BTC ratio.
3 min read
Updated: Nov. 30, 2023 at 2:39 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$2,886.25
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
