- Ethereum’s value against Bitcoin decreased by 66 percent in 5 years due to the gain of BTC.
- The ratio of Ethereum to Bitcoin at 0.0247 shows no indication of recovery as of now.
- Traders are now looking forward to whether ETH can produce a recovery or will sink again toward the 0.020 level.
Ethereum’s value against Bitcoin has declined to 0.0247, a massive decline that sees ETH downwards. In the last month, the ETH-to-BTC ratio has lost over 11.02 percent, and in the past year over 36.85 percent, which strongly affirms Bitcoin’s increased market dominance. The long-term trend continues to weigh heavily in the downhill direction as, in the past five years, Ethereum has lost about 66.16 percent worth against Bitcoin. Traders are now wondering whether ETH might begin to recover or the incessant decline will prevail as the ratio nears multi-year lows.
Weakening Ethereum Cash by Bitcoin
The ETH/BTC ratio has been declining steadily since mid-2022, forming a series of lower highs. The last six months of Ethereum have magnified these struggles, with a 40.19% decrease from further tarnishing investor confidence. The ratio reverberated above 0.08 in 2021 but has been sluggish toward the 0.02 area now. The ongoing selling pattern indicates that funds are rotating into Bitcoin while Ethereum vacates key levels of support.
Bitcoin still casts a huge shadow on Ethereum’s dwindling fortunes. Institutions favor BTC over alternative assets, especially that with increasing regulatory uncertainty, the Ethereum classification in the eyes of the law becomes an immediate pressure factor pushing investors into the safer harbor of Bitcoin. The ETH/BTC trend has wider implications, with Bitcoin outrunning almost all the altcoins in the recent bullish waves. If that is sustained, further losses might come down on Ethereum before any substantial recovery.
ETH/BTC Outlook for the Months Ahead
The ETH/BTC ratio continues to free fall, while the prospects for a reversal seem remote at best. Should support at 0.024 fail to hold, 0.020 looks to be the next support level, one that has not been touched since early 2021. A rebound would require either a renewed demand for ETH or a scaling back of Bitcoin’s dominance. For the time being, traders will be watching to see if Ethereum manages to stabilize or whether Bitcoin’s lead continues to expand in the months ahead.
