According to ChainCatcher news, as reported by Cryptonews, Glassnode’s chief analyst James Check pointed out in a post on the X platform that historically, Ethereum has lagged behind Bitcoin in most market cycles.
Since the launch of Ethereum in 2015, it has outperformed Bitcoin on only 15% of trading days. Ethereum briefly surpassed Bitcoin in the early days, particularly from the middle of 2015 to the middle of 2017, and from the end of 2019 to the beginning of 2020. Since the beginning of 2020, Bitcoin has maintained dominance. The ETH/BTC ratio has now fallen to its lowest point in five years at 0.018, the lowest since December 2019. At that time, the price of Ethereum was $125, while Bitcoin was trading at around $7,000.
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