Ethereum Struggles Bitcoin Dominance Hits Low

Ethereum Struggles as Bitcoin Dominance Increases

• The ETH/BTC trading pair is at 0.031, a four-year low.
• Bitcoin’s value increased by 158%, reaching $107,608.
• Ethereum gained approximately 35% but remains 32% below its ATH of $4,878.
• The ETH/BTC ratio peaked at 0.087 in December 2021.
• An ETH whale sold 10,070 ETH at a $1 million loss.

Ethereum continues to underperform against Bitcoin, with the ETH/BTC ratio hitting a four-year low of 0.031. Despite Ethereum’s modest gains, Bitcoin’s significant appreciation has overshadowed it in the market.