Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum falls to lowest level in 3 years against Bitcoin amid panic selling
ETHEREUM NEWS

Ethereum falls to lowest level in 3 years against Bitcoin amid panic selling

By Crypto FlexsApril 16, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum falls to lowest level in 3 years against Bitcoin amid panic selling
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum fell to its lowest point in three years against Bitcoin amid the carnage that followed Bitcoin’s fall from $70,000 over the weekend. The ETH-BTC chart reached a low of 0.0462BTC on Saturday, April 13th, down 24% from this year’s high of 0.085BTC.

ETH-BTC 2022 – 2024

Ethereum’s all-time high against Bitcoin was reached in 2017 at 0.16 BTC before ending the year at a similar level to today at 0.048 BTC. It then hit a low of around 0.018 BTC in late 2019 before rising significantly throughout the 2020-2021 bull market.

ETH-BTC historical chart
ETH-BTC historical chart

The cyclical high of 0.088 BTC saw a steady decline over 2023, 2022, and 2024. The 0.05 BTC level acted as a low support level until it was broken this month. The price remains within 7% of support, but it’s been almost three years since we’ve seen this price.

ETH-BTC 2020 Cycle
ETH-BTC 2020 Cycle

Since the beginning of 2023, the decline has been gradual and steady, with several bullish breakouts ending within a few months.

ETH-BTC 2023 - 2024
ETH-BTC 2023 – 2024

Ethereum remains below the 0.05 BTC support level, but has recovered nearly 7% from its weekend lows, remaining relatively stable amid Bitcoin’s continued struggles. Bitcoin fell from $70,000 to $61,700 over the weekend before recovering to $66,000. However, Bitcoin has retested $61,700 and is trading around $62,000 at press time. Ethereum initially drove Bitcoin down from $3,600 to $2,800. It later consolidated around the $3,000 level, helping in the price war with Bitcoin.

ETH-BTC April 2024
ETH-BTC April 2024

While the overall cryptocurrency market often follows Bitcoin, the majority of the altcoin market follows Ethereum. The ETH-BTC chart has a great influence on the subtle relationship between digital asset price movements and is one of the leading factors in the industry. Bitcoin dominance, another important factor, reached a three-year high of 57% this weekend, while Ethereum dominance fell to 15% from a recent high of 19%.

The post Ethereum falls to lowest level against Bitcoin in 3 years amid panic selling appeared first on CryptoSlate.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Bitcoin is more than $ 104K as the merchant’s eyes move from H2 to $ 145,000.

June 20, 2025

Can Etherrium price return to $ 4,000? Analysts say that ETH should go beyond this support.

June 16, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Chinese exile businessman convicted of $1 billion fraud in US

July 17, 2024

Digital Asset Market Shows Strong Momentum and Heightened Activity – Blockchain News, Opinion, TV and Jobs

March 4, 2024

Phantom Wallet expands multi-chain support with Sui integration

December 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.