Ethereum Crisis: Will ETH Ever Recover from This Historic Low?
Ethereum’s price has fallen to levels not seen since early 2021. The ETH/BTC ratio hit a 3.5-year low of 0.039. This shows weakness in the second-largest cryptocurrency. The Ethereum price drop has shocked the crypto world, leading to intense ETH market Analysis . Also Read: Shiba Inu (SHIB) &, Dogecoin (DOGE) Price Prediction For September End 2024 Ethereum’s Uncertain Path: Overcoming Market Turbulence and Security Challenges ETH/BTC Ratio Hits Rock Bottom ETHBTC just traded on a 0.03 handle for the first time in 3.5 years (apr 2021) -53% since the merge in sep 2022 what stops this train? pic.twitter.com/Olj6SGEiVe — Alex Thorn (@intangiblecoins) September 15, 2024 The ETH/BTC pair is at its lowest since April 2021. ITC Crypto founder Benjamin Cowen says, “ETH/BTC will likely bottom between 0.03-0.04 and then trend up in 2025.” He adds, “It could bottom as early as this week or as late as December. Based on prior capitulations, I think it will ha...