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Ethereum in Trouble? Bitcoin Leaves Rival Behind as Traders Sound the Alarm

6h ago
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Ethereum, once hailed as the most promising challenger to Bitcoin’s dominance, is now facing growing pressure as market performance continues to favor the leading cryptocurrency.

Bitcoin has surged 53 percent over the past year, according to CoinGecko data. In sharp contrast, Ethereum has dropped by 42 percent during the same period, signaling a concerning shift in market dynamics.

Traders and analysts have noticed this large performance gap between coins. The previous position of leadership that Ethereum held during substantial crypto market movements seems to fade in the active bullish cycle.

Also Read: Arizona Just Voted to Put Bitcoin in Its Treasury—Here’s What’s Next

According to veteran trader Peter Brandt on X, the ETH/BTC trading pair is in a sustained downtrend. A shared graph by him revealed Ethereum’s descending trajectory versus Bitcoin which indicated potential future regression of the second-largest cryptocurrency.

Ethere and btc

Source: Peter Brandt

Recent months have shown Ethereum continuously giving way to its competitors in Brandt’s highlighted chart. Ethereum may face additional downward movement unless a significant change occurs according to his assessment.

Traders Grow Wary as Ethereum Slides Against Bitcoin

Ethereum’s weakening performance is prompting traders to reconsider its strength in the current market. Bitcoin continues to draw more investor interest, further strengthening its dominance over the broader crypto space.

The ETH/BTC trading pair has now become a focal point for evaluating market sentiment. As Ethereum struggles to keep up, more capital appears to be flowing toward Bitcoin, reinforcing its position as the preferred digital asset.

Brandt’s analysis adds to a growing list of signals that Ethereum’s momentum is fading. The lack of a rebound against Bitcoin is fueling doubts about its ability to reclaim its previous standing.

Market observers are now closely watching for any signs of a reversal. However, unless Ethereum shows renewed strength, its recent trend could mark a deeper shift in investor preference.

Ethereum’s ongoing decline against Bitcoin has raised serious concerns within the trading community. With technical indicators showing no immediate recovery, the pressure on Ethereum is building as Bitcoin pulls further ahead.

Also Read: Bitcoin Eyes $100K After April Rally — Here’s What You Should Know

The post Ethereum in Trouble? Bitcoin Leaves Rival Behind as Traders Sound the Alarm appeared first on 36Crypto.

6h ago
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