Ethereum Value Trends Over time it tends to correlate with it Bitcoin.
In fact, BTC price movements often affect ETH movements, with the latter tending to be consistent with the former.
However, there are periods when Ethereum moves on its own, but they are less common and tend to last for a short period of time. One of these is finished.
Bitcoin’s Ethereum Value
In various crypto exchanges, there is a direct trading pair between BTC and ETH, Bitcoin Ethereum Price (ETH/BTC).
The peak of this value in the previous cycle occurred precisely in November 2021.
At the time, one ETH It was worth about 0.085 BTC.
Until September 2022 EthereumThis ratio that moved from proof of work to proof of stake remained very high above 0.070 BTC.
From March 2023, Prices Bitcoin Although Ethereum’s marked a large gathering, although much less, the price of ETH at BTC began to decline for a long time, but ended in April of this year.
It should be noted that even the Mini Alto season at the end of 2024 stopped at around 0.040, which prevented the ETH from being significantly higher than BTC.
The lowest point for this cycle was below 0.019, reaching a level that was not seen since early 2020.
Rebounding the value of Ethereum in Bitcoin (ETH/BTC)
However, since May this year, there have been a considerable amount of rebounds.
However, there is ETH Price 0.019 BTC rose in a few months to over 0.040The final level is only aligned with the end of 2024 levels, falling below 44% from the level below the level in March 2023, which has been in operation for over two years.
This rebound occurs in four phases, all three are relatively short.
The first one returned just before mid-May, above 0.025 BTC in just a week.
The second came back past 0.032 BTC within a week, just after mid-July.
The third already occurred at the beginning of August, lasting just under 10 days in total, returning above 0.039 BTC. The fourth smallest occurred in the last decade of August, lasting only four days, exceeding 0.043 BTC.
Correction
At that point there was a revision.
In fact, already on August 26th ETH It was below 0.040 BTC, but the next day it was mostly fluctuating. 0.042 BTCI was unable to return to my local peak in August.
In fact, there was a second revision since September 1st. This was actually just the first correction, reaching 0.038 BTC two days ago.
It is currently rising above 0.039 BTC, but this latest small upward movement still appears to be incredibly important.
Therefore, the upward trend that began in May appears to have ended for now. However, this does not rule out the theory that something else could begin sooner or later.
In fact, this upward trend is occurring in four different stages, so it is still fifth and perhaps even possible to rule out the sixth and seventh at the end of the year.
However, the fact that ETH has returned around these 0.040 BTC reached the end of 2024 as a local peak. This suggests that the upward trend in mid-2025 may have really ended and that there is more to be more than just a rebound to surpass current levels.
Bitcoin and Ethereum prices
As for the dollar price, the situation is clearly optimistic.
In fact, it wasn’t Ethereum Last month we reached a new all-time high of over $4,900 (a level we’ve never reached) just -8% from these highs, thanks to a decent 4.5% over the past seven days.
Bitcoin also hit a record high in August, while BTC has been hitting a record high since March last year, while ETH has not been renewed since November 2021.
At this moment, Bitcoin It’s from an all-time high, thanks to +2.8% over the past seven days.
Please be careful about Altcoin Season Index by CMC It rose to 66, indicating that the entire altcoin is slightly better than Bitcoin at this time. However, this could be a temporary stage. Especially when a new BTC gathering begins.
