The ether-to-bitcoin ratio dropped to 0.02835, down 35% from its August peak, signaling investor preference for bitcoin.
The ETH/BTC ratio fell to 0.02835 on Tuesday, its lowest point in 10 months, as ether underperformed bitcoin. The decline reflects a 35% drop from its August high of 0.04324, driven by bitcoin’s outperformance amid ETF-driven demand.
The ratio remains below its 200-week moving average of 0.04828, reinforcing a long-term bearish trend for ether relative to bitcoin. Historically, a falling ratio indicates investors favoring bitcoin’s stability over higher-risk assets like ether.
Ether dropped over 2% on Tuesday, while bitcoin declined just over 1%, further widening the performance gap. The ratio last peaked above 0.08 in December 2021 before entering a multi-year downtrend.