Insights

ETH/BTC breaks down to lowest price in over 3 months

exchange68September 13, 2024

0 0 1 minute read

Quick Take

The Ethereum/Bitcoin ratio currently stands at 0.068.
It has broken down to a 3-month low after falling 6.78% between Jan. 20 and Jan. 25.
During the summer of 2017, ETH/BTC hit its highest ratio at 0.12. However, since then, it has continued toward lower lows.
All eyes will now be on the anticipated Shanghai upgrade.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.