How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?
‘s native token Ether (ETH) has declined by more than 35% against (BTC) since December 2021 with a potential to decline further in the coming months.
The ETH / BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping their capital long-term in BTC.
Ethereum TVL wipe-out
Bitcoin struggling but stronger than Ether