ETH/BTC Ratio Falls to 0.027, Back to Early-2023 Levels

ETH0.01%
BTC1.04%
According to trader Woetoe on June 20, the ETH/BTC ratio dropped to 0.027, returning to early-2023 levels. The ratio peaked at 0.088 in 2021, meaning Ethereum is trading at roughly one-third of its historical valuation against Bitcoin. The move has reignited debate over whether Ethereum represents a contrarian opportunity or signals structural underperformance versus Bitcoin.
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