{"id":654273,"date":"2024-11-22T09:30:42","date_gmt":"2024-11-22T09:30:42","guid":{"rendered":"https:\/\/uniquehot.com\/?p=654273"},"modified":"2024-11-22T04:56:04","modified_gmt":"2024-11-22T04:56:04","slug":"bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","title":{"rendered":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?"},"content":{"rendered":"

As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH\/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset.<\/span><\/p>\n

What\u2019s Causing Ethereum\u2019s Underperformance Against Bitcoin?<\/span><\/h2>\n

Bitcoin\u2019s new ATH earlier today brings it within $2,000 of the coveted $100,000 mark. However, BTC’s sustained dominance has resulted in the underperformance of altcoins, particularly Ethereum, throughout the year.<\/span><\/p>\n

Related Reading: Ethereum Could Be Set To Explore New Highs As On-Chain Metrics Light Up<\/a><\/div>\n

The weekly chart below reveals that the ETH\/BTC trading pair has dropped to a multi-year low of 0.0331 – a level last seen in March 2021. Since December 2021, the pair has failed to form a new higher high, reflecting a decline of over 60%.<\/span><\/p>\n

\"ETHBTC\"
ETH\/BTC trading pair continues to record new lows on the weekly chart | Source: ETHBTC on TradingView.com<\/a><\/figcaption><\/figure>\n

The pair\u2019s losses have accelerated since July 2024, coinciding with Bitcoin\u2019s price surge, driven by rising optimism over pro-crypto Republican candidate Donald Trump\u2019s prospects in the U.S. presidential election.<\/span><\/p>\n

The <\/span>success<\/span><\/a> of Bitcoin exchange-traded funds (ETFs) has also contributed to institutional preference for BTC over other cryptocurrencies. At present, BTC ETFs hold more than $100 billion in total net assets.<\/span><\/p>\n

While Ethereum ETFs have also received regulatory approval, they haven\u2019t matched the success of their Bitcoin counterparts. For instance, US-based spot Ethereum ETFs have accumulated only $8.96 billion in total net assets so far.<\/span><\/p>\n

Additional factors, such as Bitcoin\u2019s halving in April 2024 – reducing miner rewards from 6.25 BTC to 3.125 BTC\u2014have further reinforced BTC\u2019s supply scarcity narrative. In contrast, Ethereum’s rising issuance rate has led some experts to question its “ultrasound money” status.<\/span><\/p>\n

Additional factors such as Bitcoin <\/span>halving<\/span><\/a> in April – which slashed miner rewards from 6.250 BTC to 3.125 BTC – further reinforced the digital asset\u2019s supply scarcity narrative. In contrast, Ethereum\u2019s <\/span>rising<\/span><\/a> issuance rate has led some experts to question its \u201cultrasound money\u201d status.<\/span><\/p>\n

When Will Ethereum Recover Losses Relative To BTC?<\/span><\/h2>\n

With the ETH\/BTC trading pair hitting new lows, Ethereum traders are eager to know when ETH might recover its losses. Several analysts have shared their views on X.<\/span><\/p>\n

Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation<\/a><\/div>\n

Crypto analyst @CryptoGemRnld recently <\/span>identified<\/span><\/a> two strong support zones: a trendline support and a demand box zone. According to the analyst, since 2017, the ETH\/BTC pair has historically rebounded from these levels, often leading to altcoin seasons.<\/span><\/p>\n

Similarly, seasoned trader Peter Brandt has <\/span>suggested<\/span><\/a> that the ETH\/BTC ratio may be approaching its bottom. Brandt\u2019s analysis predicts a potential reversal in December, with the trading pair beginning an upward trajectory.<\/span><\/p>\n

Supporting this outlook, recent data <\/span>indicates<\/span><\/a> that ETH may be undervalued at current prices. The limited inflow of ETH to exchanges, coupled with a lack of significant profit-taking, suggests that ETH bulls are holding out for further gains.<\/span><\/p>\n

Additionally, spot ETH ETFs have been <\/span>recording<\/span><\/a> significant inflows, attracting over $515 million between November 9 and November 15. At press time, ETH trades at $3,333, up 7.4% in the past 24 hours.<\/span><\/p>\n

\"ethereum\"
ETH trades at $3,333 on the daily chart | Source: ETHUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from Unsplash, charts from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH\/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What\u2019s Causing Ethereum\u2019s Underperformance Against Bitcoin? Bitcoin\u2019s new ATH earlier today brings it within $2,000 of the coveted $100,000 mark. However, BTC’s sustained dominance has resulted in the underperformance of altcoins, particularly Ethereum, throughout the year. Related Reading: Ethereum Could Be Set To Explore New Highs As On-Chain Metrics Light Up The weekly chart below reveals that the ETH\/BTC trading pair has dropped to a multi-year low of 0.0331 – a level last seen in March 2021. Since December 2021, the pair has failed to form a new higher high, reflecting a decline of over 60%. The pair\u2019s losses have accelerated since July 2024, coinciding with Bitcoin\u2019s price surge, driven by rising optimism over pro-crypto Republican candidate Donald Trump\u2019s prospects in the U.S. presidential election. The success of Bitcoin exchange-traded funds (ETFs) has also contributed to institutional preference for BTC over other cryptocurrencies. At present, BTC ETFs hold more than $100 billion in total net assets. While Ethereum ETFs have also received regulatory approval, they haven\u2019t matched the success of their Bitcoin counterparts. For instance, US-based spot Ethereum ETFs have accumulated only $8.96 billion in total net assets so far. Additional factors, such as Bitcoin\u2019s halving in April 2024 – reducing miner rewards from 6.25 BTC to 3.125 BTC\u2014have further reinforced BTC\u2019s supply scarcity narrative. In contrast, Ethereum’s rising issuance rate has led some experts to question its “ultrasound money” status. Additional factors such as Bitcoin halving in April – which slashed miner rewards from 6.250 BTC to 3.125 BTC – further reinforced the digital asset\u2019s supply scarcity narrative. In contrast, Ethereum\u2019s rising issuance rate has led some experts to question its \u201cultrasound money\u201d status. When Will Ethereum Recover Losses Relative To BTC? With the ETH\/BTC trading pair hitting new lows, Ethereum traders are eager to know when ETH might recover its losses. Several analysts have shared their views on X. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation Crypto analyst @CryptoGemRnld recently identified two strong support zones: a trendline support and a demand box zone. According to the analyst, since 2017, the ETH\/BTC pair has historically rebounded from these levels, often leading to altcoin seasons. Similarly, seasoned trader Peter Brandt has suggested that the ETH\/BTC ratio may be approaching its bottom. Brandt\u2019s analysis predicts a potential reversal in December, with the trading pair beginning an upward trajectory. Supporting this outlook, recent data indicates that ETH may be undervalued at current prices. The limited inflow of ETH to exchanges, coupled with a lack of significant profit-taking, suggests that ETH bulls are holding out for further gains. Additionally, spot ETH ETFs have been recording significant inflows, attracting over $515 million between November 9 and November 15. At press time, ETH trades at $3,333, up 7.4% in the past 24 hours. Featured image from Unsplash, charts from Tradingview.com<\/p>\n","protected":false},"author":619,"featured_media":654277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89518],"tags":[134,41995,428,532,8856,1119,1558,8323,65296,1946,78803],"class_list":["post-654273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news","tag-altcoin","tag-altseason","tag-bitcoin","tag-bitcoin-etf","tag-bitcoin-halving","tag-btc","tag-cryptocurrency","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusdt"],"acf":[],"yoast_head":"\nBitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?<\/title>\n<meta name=\"description\" content=\"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?\" \/>\n<meta property=\"og:description\" content=\"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T09:30:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-22T04:56:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ash Tiwari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ash Tiwari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\"},\"author\":{\"name\":\"Ash Tiwari\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41\"},\"headline\":\"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?\",\"datePublished\":\"2024-11-22T09:30:42+00:00\",\"dateModified\":\"2024-11-22T04:56:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\"},\"wordCount\":565,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280\",\"keywords\":[\"altcoin\",\"altseason\",\"bitcoin\",\"Bitcoin ETF\",\"Bitcoin Halving\",\"btc\",\"cryptocurrency\",\"ETH\",\"ethbtc\",\"ethereum\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\",\"url\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\",\"name\":\"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280\",\"datePublished\":\"2024-11-22T09:30:42+00:00\",\"dateModified\":\"2024-11-22T04:56:04+00:00\",\"description\":\"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280\",\"width\":1920,\"height\":1280,\"caption\":\"ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41\",\"name\":\"Ash Tiwari\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g\",\"caption\":\"Ash Tiwari\"},\"description\":\"Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash\u2019s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance. In the NFT space, Ash\u2019s interest is driven by the technology\u2019s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash\u2019s research in this area often touches on the intersection of culture, technology, and community-driven projects. A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash\u2019s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution. When it comes to communicating these complex topics, Ash\u2019s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights. Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain\u2019s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries. Ash\u2019s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash\u2019s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.\",\"url\":\"https:\/\/uniquehot.com\/author\/aisshwaryatiwari\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?","description":"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?","og_description":"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.","og_url":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-11-22T09:30:42+00:00","article_modified_time":"2024-11-22T04:56:04+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","type":"image\/jpeg"}],"author":"Ash Tiwari","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ash Tiwari","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/"},"author":{"name":"Ash Tiwari","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41"},"headline":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?","datePublished":"2024-11-22T09:30:42+00:00","dateModified":"2024-11-22T04:56:04+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/"},"wordCount":565,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","keywords":["altcoin","altseason","bitcoin","Bitcoin ETF","Bitcoin Halving","btc","cryptocurrency","ETH","ethbtc","ethereum","ETHUSDT"],"articleSection":["Ethereum News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","url":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","name":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years - What\u2019s Next For Ethereum?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","datePublished":"2024-11-22T09:30:42+00:00","dateModified":"2024-11-22T04:56:04+00:00","description":"As Bitcoin reached a new all-time high of $98,310, the ETH\/BTC pair fell to multi-year lows, questioning the relative strength of Ethereum.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","width":1920,"height":1280,"caption":"ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41","name":"Ash Tiwari","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g","caption":"Ash Tiwari"},"description":"Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash\u2019s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance. In the NFT space, Ash\u2019s interest is driven by the technology\u2019s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash\u2019s research in this area often touches on the intersection of culture, technology, and community-driven projects. A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash\u2019s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution. When it comes to communicating these complex topics, Ash\u2019s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights. Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain\u2019s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries. Ash\u2019s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash\u2019s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.","url":"https:\/\/uniquehot.com\/author\/aisshwaryatiwari\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin ATH Drags ETH\/BTC To Lowest Point In 3 Years – What\u2019s Next For Ethereum?","url":"http:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/ethereum-news\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280"},"articleSection":"Ethereum News","author":[{"@type":"Person","name":"Ash Tiwari"}],"creator":["Ash Tiwari"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","altseason","bitcoin","bitcoin etf","bitcoin halving","btc","cryptocurrency","eth","ethbtc","ethereum","ethusdt"],"dateCreated":"2024-11-22T09:30:42Z","datePublished":"2024-11-22T09:30:42Z","dateModified":"2024-11-22T09:30:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin ATH Drags ETH\\\/BTC To Lowest Point In 3 Years – What\\u2019s Next For Ethereum?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/ethereum-news\\\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/ethereum-news\\\/bitcoin-ath-drags-eth-btc-to-lowest-point-in-3-years-whats-next-for-ethereum\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/ethereum_3e8b1e.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/ethereum_3e8b1e.jpg?fit=1920%2C1280\"},\"articleSection\":\"Ethereum News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ash Tiwari\"}],\"creator\":[\"Ash Tiwari\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"altseason\",\"bitcoin\",\"bitcoin etf\",\"bitcoin halving\",\"btc\",\"cryptocurrency\",\"eth\",\"ethbtc\",\"ethereum\",\"ethusdt\"],\"dateCreated\":\"2024-11-22T09:30:42Z\",\"datePublished\":\"2024-11-22T09:30:42Z\",\"dateModified\":\"2024-11-22T09:30:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/ethereum_3e8b1e.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/619"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=654273"}],"version-history":[{"count":3,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654273\/revisions"}],"predecessor-version":[{"id":654279,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654273\/revisions\/654279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/654277"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=654273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=654273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=654273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}