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3 reasons why Ethereum price has lagged behind Bitcoin in 2024

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3 reasons why Ethereum price has lagged behind Bitcoin in 2024
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3 reasons why Ethereum price has lagged behind Bitcoin in 2024

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Source: Coin Telegraph

Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue.  

Ether’s (ETH) price is trading around a 40-month low against Bitcoin as it continues to trail BTC’s price performance in 2024.

ETH trades just 0.02% above its Jan. 1 opening, while Bitcoin (BTC) has surged approximately 36% in 2024.

Ether, Bitcoin year-to-date performance. Source: TradingView

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Author: Nancy Lubale

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