Analyst: ETH/BTC ratio returns to 2016 lows, Ethereum underperforms Bitcoin over ten years

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Mars Finance News, on the X platform, on-chain analyst PlanB expressed the view that, based on the ETH/BTC price chart, Ethereum's overall performance over the past decade has been significantly weaker than Bitcoin. Data shows that the current ETH/BTC ratio is about 0.026, comparable to the level in March 2016, indicating that ETH has returned to its value position from ten years ago. During the 2023/2024 Bitcoin bull market, ETH did not experience a significant rise, and similar situations also occurred in 2017 and 2021, even now, Ethereum still lacks upward momentum relative to Bitcoin.
ETH5.2%
BTC2.68%
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