Ether (ETH) The BTC’s Underperform Price, slumps to 5-year relative low: van straten
Ether (Eth), the second largest largest cryptocurrency, dropped 39% this year related to Bitcoin (Btc), the largest, which takes a ratio between two to the lowest for almost five years.
At the current level, 1 ETH is equal to 0.02191 BTC. That’s at least since May 2020, when Ether traded around $ 200 and Bitcoin was just under $ 10,000. Today the ETH price is about $ 1,800 and the BTC price is around $ 82,000.
Underperformance is noticeable as it is the first time the ether has weakened against Bitcoin in 12 months after a Btc reward halving. On April 20, 2024, payment miners received for confirmation of blockchain blocks were reduced by 50% to 3.125 BTC.
In the past cycles of cycles, the ether has been outperformed Bitcoin the first year after division. At this time, the ratio drops more than 50%.
This KaMag -Baby Performance has also marked one of Ether’s worst quarterly performances against Bitcoin for several years, according to Glassnode data. The last time ether underperformed Bitcoin in a similar degree was in the third quarter of 2019, when the ratio dropped to 0.0164, a quarterly decline of 46%.
This current slump reflects the underperformance seen in 2019 and additional highlights of Kamag -child elderly child, especially compared to others Layer-1 assets. The ratio of Soleth – measuring the value of Solana’s Sol The relative to the ether-has reached 24% year-to-date to 0.07007. This indicates that the SOL had a significant outperformed ether in 2025, despite the token itself itself dropped 35% year-to-date.
