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Reading: ETH/BTC Somehow Keeps Plunging Even Lower
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Your Crypto News Today > News > Crypto > Ethereum > ETH/BTC Somehow Keeps Plunging Even Lower
Ethereum

ETH/BTC Somehow Keeps Plunging Even Lower

April 9, 2025 2 Min Read
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ETH/BTC Somehow Keeps Plunging Even Lower

Ethereum (ETH), the main altcoin by market capitalization, retains collapsing towards Bitcoin (BTC).

Earlier this Tuesday, the ETH/BTC pair tanked to a multi-year low of 0.01896 BTC. It’s on observe to file 5 consecutive months within the purple.

Article image

ETH/BTC is now down greater than 50% in 2025, and its relentless plunge continues.

Earlier immediately, the Ether value slipped to a brand new yearly low of $1,411. The altcoin is now on the cusp of dropping beneath the $1,400 degree for the primary time since March 2023.

In response to CoinGecko knowledge, Ethereum (ETH) is the worst-performing cryptocurrency over the previous 24 hours. It has underperformed meme coin Dogecoin (DOGE) and Cardano (ADA).

In the meantime, Bitcoin’s dominance is now properly above the 60% degree.

The continuing inventory market crash

The costs of main cryptocurrencies dropped sharply earlier this Tuesday amid quickly escalating commerce tensions. The US tariff charge on imports from China is about to skyrocket to a staggering 104%.

The shares of tech big Apple (APPL) have dropped by 5%. Microsoft (MSTF) has now reclaimed the spot of probably the most priceless firm on this planet.

In the meantime, bearish investor Mark Spitznagel is now predicting that the inventory market will go down 80%.

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