Ethereum (ETH), the leading altcoin by market capitalization, continues to collapse against Bitcoin (BTC).
Earlier this Tuesday, the ETH/BTC pair tanked to a multi-year low of 0.01896 BTC. It’s been going well to record in red for five consecutive months.
ETH/BTC has declined by more than 50% in 2025, and its relentless plunge continues.
Today, ether prices slipped to a new annual low of $1,411. Altcoin is currently at the forefront of below $1,400 level for the first time since March 2023.
According to Coingecko data, Ethereum (ETH) is the worst cryptocurrency in the last 24 hours. I haven’t performed Meme Coindoge Coin (Doge) and Cardano (ADA).
Meanwhile, Bitcoin’s advantage is now well above the 60% level.
Ongoing stock market crash
Prices for major cryptocurrencies fell sharply earlier this Tuesday amid rapid escalation in trade tensions. The US tariff rate on imports from China is set to surge to an astounding 104%.
Tech Giant Apple (Appl) stock fell 5%. Microsoft (MSTF) has now regained the spot of the most valuable company in the world.
Meanwhile, bearish investor Mark Spitznagel is now prediction A stock market will fall by 80%.