Ethereum Falls Back to 2016 Levels Against Bitcoin, Says PlanB

Bitcoin analyst PlanB has noted that the ETH/BTC pair is currently trading near 0.026 BTC, a level last seen in March 2016. The move suggests that Ethereum has lagged behind Bitcoin over the past decade.

He also added that this cycle has been notably different from earlier ones, as Ethereum failed to post a strong ETH/BTC rally during the 2023–2024 period. This contrasts with previous market phases, when significant surges were recorded in both the 2017 and 2021 cycles.

Source: Plan B