Ether's monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
Ethereum’s native token, Ether (ETH), continues losing its strength against Bitcoin (BTC), with the ETH/BTC pair treading around 0.0365 BTC as of Oct. 25, its lowest level since April 2021.
ETH/BTC daily price chart. Source: TradingView
Underwhelming exchange-traded fund launches and increasing competition with smart contracts rival Solana have sapped traders’ appetite for Ethereum in 2024.