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Ether’s Va...
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Image Credit: Bitcoinsensus

Ether’s Value Hits 5-Year Low Against Bitcoin

  • Ether has hit a 5-year low against Bitcoin, losing over 55% of its value since its December 2024 peak.
  • The ETH/BTC pair dropped to its lowest level since May 2020, highlighting Bitcoin's dominance as a safer and stronger cryptocurrency during uncertain times.
  • Ethereum's development ecosystem decreased by 17% in 2024, while rival blockchain Solana experienced an 83% increase in developers.
  • Since its peak of $4,105 on December 16, Ethereum has been on a decline, currently trading at $1,818 as of March 29.

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