Ethereum is trading around $2,363, up roughly 1.4% in the last 24 hours, but that small daily bounce masks a much larger structural story. Over the past year, ETH has lost 35% of its value when measured against Bitcoin — meaning Bitcoin has dramatically outpaced Ethereum as a store of value and speculative asset. The ETH/BTC ratio, a key measure of Ethereum's relative strength, remains under sustained pressure.
For investors holding both BTC and ETH, this divergence matters: every dollar in ETH has underperformed Bitcoin by more than a third over the past year. Altcoins and DeFi tokens that are closely correlated with Ethereum sentiment are also exposed to continued weakness if ETH fails to reverse this trend. Investors benchmarking against Bitcoin — the dominant crypto asset — are sitting on significant relative losses.
Ongoing: ETH/BTC ratio — watch for a break above 0.035 as a potential reversal signal. Q3 2025: Ethereum network upgrades and any announcements around ETF inflows for spot ETH products. Next major crypto market catalyst: U.S. regulatory decisions on altcoin classification expected in mid-to-late 2025.
Full analysis · Subscribers
The deep dive (bull case, bear case, and the data point that decides which side wins), the cause-and-effect chain behind the move, plain-English explainers for every block, and the live update timeline (4 updates so far).
Aggregated reads dozens of sources in five languages and turns the day into plain-English cards like this one.
Educational analysis of public information, not investment advice. Report an error · Corrections policy
← Today's brief