Summary
- Despite Ethereum (ETH) reaching an all-time high based on institutional adoption, the ETH/BTC ratio is still low.
- They said the ETH/BTC ratio has not exceeded 0.05 since July 2024.
- As of 9:16 a.m. on the 15th, Bitcoin and Ethereum were down 0.84% and 1.86%, respectively, putting the ETH/BTC ratio at 0.040.
Despite Ethereum (ETH) reaching an all-time high thanks to institutional adoption, it remains at a low level relative to Bitcoin (BTC) in terms of the ratio.
On the 15th (Korean time), crypto outlet Cointelegraph reported that ETH/BTC (the price of Ethereum divided by the price of Bitcoin) has not exceeded 0.05 since July 2024.
As of 9:16 a.m. that day, Bitcoin and Ethereum were at 115,045 dollars and 4,592 dollars, down 0.84% and 1.86% from the previous day, respectively. The resulting ETH/BTC ratio was 0.040.
