Much has been said about Ethereum flipping Bitcoin in the past, particularly during the 2017 bull cycle when the ETH/BTC ratio peaked at 0.157. However, fast forward to now, spurred by the ongoing banking crisis narrative, Glassnode data analyzed by CryptoSlate suggests a period of Ethereum underperformance ahead – putting paid to the idea of […]
Research: Why the Ethereum/Bitcoin ratio will continue to fall Research: Why the Ethereum/Bitcoin ratio will continue to fall
On-chain metrics shows weakness in Ethereum fundamentals suggesting the ETH/BTC ratio will continue falling in these uncertain times.
4 min read
Updated: Feb. 14, 2024 at 3:34 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,462.84
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Glassnode
Glassnode brings data intelligence to the blockchain and cryptocurrency space.
