Over the past five years, the ratio between Ethereum (ETH) and Bitcoin (BTC) has seen significant fluctuations. Starting at 0.02, it reached a peak of above 0.08 in early 2022, indicating that ETH had quadrupled in value relative to BTC at that time. However, since then, the ratio has been on a decline.
Despite Bitcoin reaching a lifetime high, Ethereum has struggled to surpass its peak from 2021 and is currently down 46% from its highest point.
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