ETH/BTC Ratio Multi-Year Low
Ethereum is losing relative strength against Bitcoin, indicating capital rotation away from ETH toward other assets
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Ethereum recovery remains weaker and Ethereum has also recovered but continues to lag"
"If Bitcoin loses $62,500 and slides toward the $62,300 to $61,800 area as ETH/BTC and altcoin dominance keep falling at the same time, the rebound would look less like a normal pullback and more like a forced unwind still working through the system, with high-beta tokens and heavily borrowed altcoin positions taking the first and biggest hit."
"Ethereum just printed its weakest ratio against Bitcoin since early 2023... The ETH/BTC ratio dropped to 0.027 on June 21, a level not seen since early 2023... At $1,720, Ethereum trades 65% below its $4,946 all time high while Bitcoin holds $64,000, and the gap keeps widening."