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Why Is Crypto Crashing? Ethereum Price Hits 4-Year Low Against BTC - Data Intelligence

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The crypto market took a major hit on Friday, wiping out nearly all the gains from earlier this week. Bitcoin, which was hovering close to $88,000, plunged to $83,800, marking a 3.8% decline in just 24 hours. Major altcoins like Avalanche (AVAX), Polygon (POL), Near (NEAR), and Uniswap (UNI) losing almost 10%. The market shed a staggering $115 billion in value as per market data. Ethereum also struggled, dropping over 6% and hitting its weakest …

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Bitcoinsensus

Ether’s Value Hits 5-Year Low Against Bitcoin - Bitcoinsensus

Ethereum has erased all its post-election rally gains, losing over 55% of its value since its December 2024 peak and currently trading at $1,818 The ETH/BTC pair dropped to its lowest level since May 2020, signaling Bitcoin’s dominance as a safer and stronger cryptocurrency during uncertain times Ethereum’s development ecosystem shrank by 17% last year, while rival blockchain Solana grew its developer base by 83%, attracting attention with innov…

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