Ethereum climbs 28% against Bitcoin since November as it hits $4,000

exchange682 weeks ago

0 3 1 minute read

Ethereum has recovered most of its losses against Bitcoin since November, gaining 28% to 0.04 BTC from a low of 0.0322 on Nov. 21. Ethereum also broke $4,000 for the first time since February, currently sitting at $4,009, as of press time.

Trading data showed marginal shifts day-over-day, with the rate moving from 0.03805 BTC on Dec. 4 to 0.0388 BTC on Dec. 5, marking a 0.07% uptick before reaching 0.04 today.

Despite the past month’s gains, Ethereum remains down against Bitcoin compared to the start of the year, declining around 34%. This longer-term perspective suggested that while short-term rallies may shift the ratio upward, the pair’s broader trajectory still reflected an extended period of relative weakness.

Analyst

Liam ‘Akiba’ Wright

Editor-in-Chief at CryptoSlate

Also known as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.

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