Technology
ETH/BTC breaks down to lowest price in over 3 months
Ethereum is down over 6.5% in the past 5 days
James Van Straten / Jan. 25, 2023 at 1:26 pm UTC
Quick Take
The Ethereum/Bitcoin ratio currently stands at 0.068.
It has broken down to a 3-month low after falling 6.78% between Jan. 20 and Jan. 25.
During the summer of 2017, ETH/BTC hit its highest ratio at 0.12. However, since then, it has continued toward lower lows.
All eyes will now be on the anticipated Shanghai upgrade.