03-13-2025, 11:15 AM
ETH/BTC hits 5-year low as trader suggests rotation into stronger alts
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThjYTgtYTU3ZC03ZmI0LWJhZjUtYmNiZTUwZjllMzY0.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThjYTgtYTU3ZC03ZmI0LWJhZjUtYmNiZTUwZjllMzY0.jpg" alt="ETH/BTC hits 5-year low as trader suggests rotation into stronger alts"></p><p>Ethereum's value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.<p>“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger <a data-ct-non-breakable="null" href="https://x.com/krugermacro/status/1899879822408769883" rel="null" target="null" text="null" title="null">said</a> in a March 12 X post.</p><h2>ETH/BTC ratio is an altcoin season indicator</h2><p>“If the market goes down, you’ll likely lose equally in both cases, but if it goes up, you’ll likely outperform significantly and can then swap into BTC,” Kruger opined.</p><p>The ETH/BTC ratio — which shows Ether’s relative strength compared to Bitcoin — is sitting at 0.02281, its lowest level in nearly five years, <a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/ETHBTC/" rel="null" target="null" text="null" title="null">according</a> to TradingView data. </p><figure><img alt="Cryptocurrencies, Markets" src="https://s3.cointelegraph.com/uploads/2025-03/01958d8d-4a1f-7a4f-892a-535eb68d9763" title=""><figcaption style="text-align: center;"><p><em>Bitcoin Dominance is 0.02281 at the time of publication. Source: </em><a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/ETHBTC/" rel="nofollow noopener" target="_blank" text="null" title="https://www.tradingview.com/symbols/ETHBTC/"><em>TradingView</em></a></p></figcaption></figure><p>Both the leading cryptocurrencies by market cap are trading below key psychological price levels. Bitcoin is trading at $83,667 — having remained below the $100,000 level since Feb. 5 — while Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="null">ETH</a>) is at $1,907, floating below $2,000 since March 10.</p><p>Meanwhile, the Crypto Fear & Greed <a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/" rel="null" target="null" text="null" title="null">Index</a>, which measures overall market sentiment, read a “Fear” score of 45, up 11 points from yesterday’s score.</p><figure><img alt="Cryptocurrencies, Markets" src="https://s3.cointelegraph.com/uploads/2025-03/01958d79-0f80-7d35-8090-284f1df9b157" title=""><figcaption style="text-align: center;"><p><em>The Crypto Fear & Greed Index is reading a “Fear” score of 45. Source: </em><a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/#google_vignette" rel="nofollow noopener" target="_blank" text="null" title="https://alternative.me/crypto/fear-and-greed-index/#google_vignette"><em>alternative.me</em></a></p></figcaption></figure><p>Many in the crypto industry see the ETH/BTC ratio “bottoming out” as a sign that altcoin season could kick off. On Feb. 14, Into The Cryptoverse founder Benjamin Cowen <a data-ct-non-breakable="null" href="https://x.com/mrf_1723/status/1890425123867373685" rel="null" target="null" text="null" title="null">said</a> on X to get an altcoin season, “ETH/BTC needs to bottom and start trending higher.”</p><h2>Bitcoin season could dominate</h2><p>However, other indicators suggest that altcoin season may not come so soon, and Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) may continue to hold market share in the near term.</p><p>CoinMarketCap’s Altcoin Season <a data-ct-non-breakable="null" href="https://coinmarketcap.com/charts/altcoin-season-index/" rel="null" target="null" text="null" title="null">Index</a> — which bases the performance of the top 100 altcoins relative to Bitcoin over the past 90 days — reads a score of 13 out of 100, leaning more toward Bitcoin season.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ether-trader-loses-308-m-50x-leverage-market-volatility" rel="null" target="null" text="null" title="null"><em><strong>Crypto whale liquidated for $308M in leveraged Ether trade</strong></em></a></p><p>Pseudonymous crypto trader and Pear Protocol adviser Hansolar <a data-ct-non-breakable="null" href="https://x.com/hansolar21/status/1899984567207108921" rel="null" target="null" text="null" title="null">said</a> in a March 13 X post that it will be Bitcoin season “all year round.”</p><p>The trader said altcoin season was only 16 days last year and happened when Bitcoin’s Dominance dropped from 61% on Nov. 20 to 55% on Dec. 5 before rebounding to 59% by Dec. 21.</p><p>At the time of publication, Bitcoin dominance stands at 62.15%, <a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/BTC.D/" rel="null" target="null" text="null" title="null">according</a> to TradingView.</p><p>When Ether hit its all-time high of $4,800 in November 2021, Bitcoin's dominance was approximately 42%.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/crypto-fans-obsessed-longevity-biohacking-why/" rel="null" target="null" text="null" title="null"><em><strong>Crypto fans are obsessed with longevity and biohacking: Here’s why</strong></em></a></p><p class="post-content__disclaimer" type="">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.</p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/ether-bit...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThjYTgtYTU3ZC03ZmI0LWJhZjUtYmNiZTUwZjllMzY0.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NThjYTgtYTU3ZC03ZmI0LWJhZjUtYmNiZTUwZjllMzY0.jpg" alt="ETH/BTC hits 5-year low as trader suggests rotation into stronger alts"></p><p>Ethereum's value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.<p>“If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger <a data-ct-non-breakable="null" href="https://x.com/krugermacro/status/1899879822408769883" rel="null" target="null" text="null" title="null">said</a> in a March 12 X post.</p><h2>ETH/BTC ratio is an altcoin season indicator</h2><p>“If the market goes down, you’ll likely lose equally in both cases, but if it goes up, you’ll likely outperform significantly and can then swap into BTC,” Kruger opined.</p><p>The ETH/BTC ratio — which shows Ether’s relative strength compared to Bitcoin — is sitting at 0.02281, its lowest level in nearly five years, <a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/ETHBTC/" rel="null" target="null" text="null" title="null">according</a> to TradingView data. </p><figure><img alt="Cryptocurrencies, Markets" src="https://s3.cointelegraph.com/uploads/2025-03/01958d8d-4a1f-7a4f-892a-535eb68d9763" title=""><figcaption style="text-align: center;"><p><em>Bitcoin Dominance is 0.02281 at the time of publication. Source: </em><a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/ETHBTC/" rel="nofollow noopener" target="_blank" text="null" title="https://www.tradingview.com/symbols/ETHBTC/"><em>TradingView</em></a></p></figcaption></figure><p>Both the leading cryptocurrencies by market cap are trading below key psychological price levels. Bitcoin is trading at $83,667 — having remained below the $100,000 level since Feb. 5 — while Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="null" target="null" text="null" title="null">ETH</a>) is at $1,907, floating below $2,000 since March 10.</p><p>Meanwhile, the Crypto Fear & Greed <a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/" rel="null" target="null" text="null" title="null">Index</a>, which measures overall market sentiment, read a “Fear” score of 45, up 11 points from yesterday’s score.</p><figure><img alt="Cryptocurrencies, Markets" src="https://s3.cointelegraph.com/uploads/2025-03/01958d79-0f80-7d35-8090-284f1df9b157" title=""><figcaption style="text-align: center;"><p><em>The Crypto Fear & Greed Index is reading a “Fear” score of 45. Source: </em><a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/#google_vignette" rel="nofollow noopener" target="_blank" text="null" title="https://alternative.me/crypto/fear-and-greed-index/#google_vignette"><em>alternative.me</em></a></p></figcaption></figure><p>Many in the crypto industry see the ETH/BTC ratio “bottoming out” as a sign that altcoin season could kick off. On Feb. 14, Into The Cryptoverse founder Benjamin Cowen <a data-ct-non-breakable="null" href="https://x.com/mrf_1723/status/1890425123867373685" rel="null" target="null" text="null" title="null">said</a> on X to get an altcoin season, “ETH/BTC needs to bottom and start trending higher.”</p><h2>Bitcoin season could dominate</h2><p>However, other indicators suggest that altcoin season may not come so soon, and Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) may continue to hold market share in the near term.</p><p>CoinMarketCap’s Altcoin Season <a data-ct-non-breakable="null" href="https://coinmarketcap.com/charts/altcoin-season-index/" rel="null" target="null" text="null" title="null">Index</a> — which bases the performance of the top 100 altcoins relative to Bitcoin over the past 90 days — reads a score of 13 out of 100, leaning more toward Bitcoin season.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ether-trader-loses-308-m-50x-leverage-market-volatility" rel="null" target="null" text="null" title="null"><em><strong>Crypto whale liquidated for $308M in leveraged Ether trade</strong></em></a></p><p>Pseudonymous crypto trader and Pear Protocol adviser Hansolar <a data-ct-non-breakable="null" href="https://x.com/hansolar21/status/1899984567207108921" rel="null" target="null" text="null" title="null">said</a> in a March 13 X post that it will be Bitcoin season “all year round.”</p><p>The trader said altcoin season was only 16 days last year and happened when Bitcoin’s Dominance dropped from 61% on Nov. 20 to 55% on Dec. 5 before rebounding to 59% by Dec. 21.</p><p>At the time of publication, Bitcoin dominance stands at 62.15%, <a data-ct-non-breakable="null" href="https://www.tradingview.com/symbols/BTC.D/" rel="null" target="null" text="null" title="null">according</a> to TradingView.</p><p>When Ether hit its all-time high of $4,800 in November 2021, Bitcoin's dominance was approximately 42%.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/crypto-fans-obsessed-longevity-biohacking-why/" rel="null" target="null" text="null" title="null"><em><strong>Crypto fans are obsessed with longevity and biohacking: Here’s why</strong></em></a></p><p class="post-content__disclaimer" type="">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.</p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/ether-bit...er_inbound