ETH/BTC breaks down to lowest price in over 3 months ETH/BTC breaks down to lowest price in over 3 months

ETH/BTC breaks down to lowest price in over 3 months

Ethereum is down over 6.5% in the past 5 days

Quick Take

  • The Ethereum/Bitcoin ratio currently stands at 0.068.
  • It has broken down to a 3-month low after falling 6.78% between Jan. 20 and Jan. 25.
  • During the summer of 2017, ETH/BTC hit its highest ratio at 0.12. However, since then, it has continued toward lower lows.
  • All eyes will now be on the anticipated Shanghai upgrade.
ETH/BTC Ratio (Source: TradingView)
ETH/BTC Ratio (Source: TradingView)