Bitcoin Is Now Worth $1 Trillion More Than Ethereum
Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust.
The market capitalization of the OG crypto is now over $1 trillion greater than its runner-up, which has hit its lowest price point against its senior since early 2021.
Bitcoin’s Trillion Dollar Lead
According to CoinGecko, Bitcoin traded for $68,180 on Thursday, with a market cap of $1.34 trillion. Ethereum, by contrast, traded at $2530, with a market cap of $305 billion.
That leaves the ETH/BTC ratio at just 0.037, a low last seen in April 2021 following Ethereum’s meteoric rise over the previous 12 months. During the previous bull market, Ethereum followed the same…
