Ethereum Soars 20% as ETH/BTC Ratio Hits Rock-Bottom Levels Not Seen Since 2019
Ethereum just pulled off its sharpest rally in months—blasting past resistance as its valuation against Bitcoin hits historic lows. Traders are calling it the ’great reawakening’ of ETH’s dominance narrative.
The ETH/BTC pair—crypto’s most-watched cross—finally snapped its 18-month downtrend. This isn’t just a technical bounce; it’s a full-scale revolt against the ’BTC maximalist’ crowd who’ve been writing obituaries for altcoins since last cycle.
Behind the surge? Institutional flows into ETH futures, whispers about ETF approvals, and that classic crypto market irony: assets always moon when Wall Street least expects it. Just ask the hedge funds now scrambling to cover their ETH shorts.
One cynical take? This is the same crowd that called ETH ’obsolete’ six months ago—now piling in because their quant models finally flashed green. Some things never change in this casino we call finance.