Ethereum Underperforms: ETH/BTC Ratio Hits Lowest Level Since April 2021

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has significantly underperformed Bitcoin in recent months to the point the ETH/BTC ratio, a key indicator of the relative strength of the two cryptocurrencies, has plummeted to its lowest level since April 2021, reaching a precarious 0.044. According to data shared by leading institutional digital asset data […] source: https://www.cryptoglobe.com/latest/2024/08/ethereum-underperforms-eth-btc-ratio-hits-lowest-level-since-april-2021/