As the cryptocurrency market faces a rapid downturn, ethereum (ETH-USD) is falling at a faster pace than bitcoin (BTC-USD) in a move that could bode poorly for altcoin sentiment. Bitcoin (BTC-USD -6.3%) is extending losses to $22.1K as of shortly before 9:00 a.m. ET, down ~65% from its all-time high of $67.5K in November 2021. Meanwhile, ether (ETH-USD -1.5%) is dipping to $1.19K in Monday morning trading, off nearly 75% from its November peak. In turn, the ether-to-bitcoin ratio is plunging to 0.05 compared with 0.06 a month ago and a peak of 0.11 in June 2017, according to TradingView data. "It is a sign that the broader crypto enthusiasm is waning as investments are being taken out of the more volatile "alternative-coins," Morgan Stanley analyst Sheena Shah wrote in a note. Shah added that Ether's (ETH-USD) 2020-2022 cycle resembles the 2017-2018 cycle in relative performance terms but not U.S. dollar terms. "The potential
Bitcoin Price Prediction 2025
