
Bitcoin.com News|Apr 08, 2025 14:52
Ethereum hit its lowest point since March 2023, dropping to 1,409 on Monday before bouncing back to 1,563. Whale sell-offs, weak ETF performance, and fierce L1 competition are dragging it down 📉 But the Pectra upgrade could be a game-changer ⚙️
• ETH-BTC ratio falls to 0.020, its weakest since 2020
• ETH’s market dominance shrinks to 7.44%
• Tether now closing in with 5.7% of the total market
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