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PlanB: Ethereum Has Trailed Bitcoin for a Decade, ETH/BTC Ratio Still at 2016 Levels
Svmuu reports that on-chain analyst PlanB posted on Platform X, stating that despite not wanting to downplay Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio remains around 0.026, a level similar to March 2016. Ethereum did not experience a significant surge during the 2023/2024 crypto bull market, a pattern also seen in 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.
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Source：Odaily · Source Link
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