Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.
Ether’s (ETH) price is trading around a 40-month low against Bitcoin as it continues to trail BTC’s price performance in 2024.
ETH trades just 0.02% above its Jan. 1 opening, while Bitcoin (BTC) has surged approximately 36% in 2024.
Ether, Bitcoin year-to-date performance. Source: TradingView
