Ether (Ethereth) This year, it has dropped 39% relative to Bitcoin (BTC), the largest cryptocurrency, puts the ratio between the two in nearly five years, as the higher macroeconomic environment attaches importance to the second largest cryptocurrency.
At the current level, 1 ETH is equivalent to 0.02191 BTC. This is the minimum limit since May 2020, when Ether was trading around $200 and Bitcoin was under $10,000. Today, ETH is about $1,800 and BTC is about $82,000.
Poor performance is noteworthy, as this is the first time Ether has weakened Bitcoin in 12 months after A BTC rewards are cut in half. On April 20, 2024, payment Bitcoin miners confirmed that blocks on the blockchain received 50% to 3.125 BTC.
In the previous half cycle, Ethereum outperformed Bitcoin in the first year after the halving. This time, the ratio dropped by more than 50%.
This is partly due to tariff-driven trade wars, the threat of ongoing inflation and rising bond yields has driven investors to be seen as assets with lower liquidity and risk. Ultimate haven gold has climbed high, and in the cryptocurrency market, Bitcoin is seen as a safer bet than Ethereum.
This relative performance also marks one of Ether’s worst quarterly performance against Bitcoin in several years, according to GlassNode. Ether’s last underperforming Bitcoin was in the third quarter of 2019, when the ratio dropped to 0.0164, down 46% in the quarter.
The current downturn reflects the poor performance seen in 2019 and further emphasizes the relative weakness of the ether, especially compared to others Tier 1 Asset. soleth ratio – measure the value of Solana sol Compared with Ether-gradual growth of 24% to 0.07007. This shows that SOL significantly outperforms Ether in 2025 despite the token itself falling by 35%.
Updated (March 31, 9:25 UTC): The macroeconomic environment is added in the fifth paragraph.
