ETH/BTC Collapses Below 0.02

utoday

04-07

Ethereum (ETH), the flagship altcoin, has now plunged to its lowest level against Bitcoin (BTC) since February 2020.

ETH/BTC by TradingView

Earlier this Monday, it reached an intraday low of 0.01965 BTC on the Binance exchange.

At press time, ETH is trading at $1,515. Those who bought Ethereum at the peak of the ICO-fueled bull market in January 2018 would have made zero gains.

The top altcoin has now collapsed by 44% against Bitcoin this year after recording three consecutive years in the red. It is also down 79% from the December 2021 peak that was achieved due to exuberance surrounding decentralized finance (DeFi) and non-fungible tokens (NFTs).

Now that ETH has collapsed below the psychologically important 0.02 level, ETH/BTC bears might start eyeing the September 2019 low of 0.01615 BTC. The altcoin would need to drop another 18% against Bitcoin to plunge to the aforementioned price point.

The next stop would be the pre-ICO mania low of March 2017 (0.0128 BTC).

"Black Monday"

On Sunday, the Ethereum (ETH) price plunged by another 12.5%, underperforming the broader crypto market. It is now down another 2% on Monday, with stocks crashing across the globe amid the tariff mayhem. Hong Kong's Hang Seng Index is down by more than 12%. Japan's Nikkei 225 is down by nearly 7%.

Will Tether surpass Ethereum?

Following the most recent drop, Tether (USDT) is now within striking distance of overtaking Ether (ETH) by market cap. The two cryptocurrencies are currently valued at $144 billion and $185 billion, respectively.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Those who bought Ethereum at the peak of the ICO-fueled bull market in January 2018 would have made zero gains.  </p><p dir=\"ltr\">The top altcoin has now collapsed by 44% against Bitcoin this year after recording three consecutive years in the red. It is also down 79% from the December 2021 peak that was achieved due to exuberance surrounding decentralized finance (DeFi) and non-fungible tokens (NFTs). </p><p dir=\"ltr\">Now that ETH has collapsed below the psychologically important 0.02 level, ETH/BTC bears might start eyeing the September 2019 low of 0.01615 BTC. The altcoin would need to drop another 18% against Bitcoin to plunge to the aforementioned price point. </p><p dir=\"ltr\">The next stop would be the pre-ICO mania low of March 2017 (0.0128 BTC). </p><h2>\"Black Monday\"</h2><p dir=\"ltr\">On Sunday, the Ethereum (ETH) price plunged by another 12.5%, underperforming the broader crypto market. It is now down another 2% on Monday, with stocks crashing across the globe amid the tariff mayhem. Hong Kong's Hang Seng Index is down by more than 12%. Japan's Nikkei 225 is down by nearly 7%.</p><h2>Will Tether surpass Ethereum?  </h2><p dir=\"ltr\">Following the most recent drop, Tether (USDT) is now within striking distance of overtaking Ether (ETH) by market cap. The two cryptocurrencies are currently valued at $144 billion and $185 billion, respectively.</p>\n</div></body></html>","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ETH/BTC Collapses Below 0.02</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nETH/BTC Collapses Below 0.02\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">utoday</strong><span class=\"h-time small\">2025-04-07 06:16</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><div>\n<p dir=\"ltr\">Ethereum (ETH), the flagship altcoin, has now plunged to its lowest level against Bitcoin (BTC) since February 2020. </p><figure><img src=\"/sites/default/files/inline-images/ETHBTC.png\"/><figcaption>ETH/BTC by TradingView</figcaption></figure><p dir=\"ltr\">Earlier this Monday, it reached an intraday low of 0.01965 BTC on the Binance exchange. </p><p dir=\"ltr\">At press time, ETH is trading at $1,515. Those who bought Ethereum at the peak of the ICO-fueled bull market in January 2018 would have made zero gains.  </p><p dir=\"ltr\">The top altcoin has now collapsed by 44% against Bitcoin this year after recording three consecutive years in the red. It is also down 79% from the December 2021 peak that was achieved due to exuberance surrounding decentralized finance (DeFi) and non-fungible tokens (NFTs). </p><p dir=\"ltr\">Now that ETH has collapsed below the psychologically important 0.02 level, ETH/BTC bears might start eyeing the September 2019 low of 0.01615 BTC. The altcoin would need to drop another 18% against Bitcoin to plunge to the aforementioned price point. </p><p dir=\"ltr\">The next stop would be the pre-ICO mania low of March 2017 (0.0128 BTC). </p><h2>\"Black Monday\"</h2><p dir=\"ltr\">On Sunday, the Ethereum (ETH) price plunged by another 12.5%, underperforming the broader crypto market. It is now down another 2% on Monday, with stocks crashing across the globe amid the tariff mayhem. Hong Kong's Hang Seng Index is down by more than 12%. Japan's Nikkei 225 is down by nearly 7%.</p><h2>Will Tether surpass Ethereum?  </h2><p dir=\"ltr\">Following the most recent drop, Tether (USDT) is now within striking distance of overtaking Ether (ETH) by market cap. The two cryptocurrencies are currently valued at $144 billion and $185 billion, respectively.</p>\n</div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://u.today/ethbtc-collapses-below-002\">utoday</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"83042","symbol_name":"華夏比特幣-R","start_time":0,"source_url":"https://u.today/ethbtc-collapses-below-002","article_id":"2525601860","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525601860","pubTimestamp":1743977760,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"Following the most recent drop, Tether  is now within striking distance of overtaking Ether  by market cap. 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Those who bought Ethereum at the peak of the ICO-fueled bull market in January 2018 would have made zero gains.  The top altcoin has now collapsed by 44% against Bitcoin this year after recording three consecutive years in the red. It is also down 79% from the December 2021 peak that was achieved due to exuberance surrounding decentralized finance (DeFi) and non-fungible tokens (NFTs). Now that ETH has collapsed below the psychologically important 0.02 level, ETH/BTC bears might start eyeing the September 2019 low of 0.01615 BTC. The altcoin would need to drop another 18% against Bitcoin to plunge to the aforementioned price point. The next stop would be the pre-ICO mania low of March 2017 (0.0128 BTC). \"Black Monday\"On Sunday, the Ethereum (ETH) price plunged by another 12.5%, underperforming the broader crypto market. It is now down another 2% on Monday, with stocks crashing across the globe amid the tariff mayhem. Hong Kong's Hang Seng Index is down by more than 12%. Japan's Nikkei 225 is down by nearly 7%.Will Tether surpass Ethereum?  Following the most recent drop, Tether (USDT) is now within striking distance of overtaking Ether (ETH) by market cap. The two cryptocurrencies are currently valued at $144 billion and $185 billion, respectively.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}