{"id":642396,"date":"2024-09-17T08:00:47","date_gmt":"2024-09-17T08:00:47","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=642396"},"modified":"2024-09-17T05:18:32","modified_gmt":"2024-09-17T05:18:32","slug":"ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","title":{"rendered":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?"},"content":{"rendered":"

Today’s Ethereum-Bitcoin (ETH\/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH\/BTC ratio could have multiple implications for the wider altcoin market.<\/span><\/p>\n

Altcoins Might Suffer Due To Weak Ethereum<\/span><\/h2>\n

One of the key indicators to gauge the resiliency of the altcoin market is the ETH\/BTC ratio. The ratio essentially tracks the relative price strength of Ethereum against Bitcoin and is widely considered a metric that could indicate the future potential price action of altcoins.<\/span><\/p>\n

As of September 16, 2024, the ETH\/BTC ratio sits at 0.039, a level it last touched 3 years ago in April 2021. In fact, after hitting a high of 0.088 in December 2021, the ETH\/BTC ratio has been on a long-lasting decline, barring the occasional dead cat bounce, before further eroding in value.<\/span><\/p>\n

\"ethereum
Source: ETHBTC on TradingView.com<\/a><\/figcaption><\/figure>\n
Related Reading: Ethereum Price Nosedives Over 5%, Pressure Mounts on Bulls<\/a><\/div>\n

Regarding altcoin price action, a surging ETH\/BTC ratio indicates that Ethereum is performing well against Bitcoin. Conversely, a declining ratio suggests that Bitcoin outperforms Ethereum and other altcoins, which could trigger a shift in confidence away from Ethereum toward Bitcoin. <\/span><\/p>\n

As a result, the wider crypto market might witness a sell-off in altcoins as capital seeks more stable and better-performing assets.<\/span><\/p>\n

Currently, Bitcoin dominance (BTC.D) sits at 57.78%, and it can be observed that the metric has been on a steady uptrend since November 2022. An increase in BTC.D further solidifies a weakening altcoin market, hinting that liquidity is exiting small-cap tokens, which might lead to volatile price action and quick price drawdowns.<\/span><\/p>\n

\"\"
Source: BTC Dominance on TradingView.com<\/a><\/figcaption><\/figure>\n

It\u2019s worth highlighting that the US Securities and Exchange Commission\u2019s (SEC) approval of Ethereum exchange-traded-funds (ETFs)<\/span> didn\u2019t<\/span><\/a> quite turn out to be as significant an event for ETH price as it did for BTC.<\/span><\/p>\n

Data<\/span><\/a> from crypto ETF tracker SoSoValue shows that the cumulative net outflow for US Ethereum ETFs is $581 million, while the net inflow for US Bitcoin ETFs is $17.3 billion.<\/span><\/p>\n

Can Ethereum Price Change Its Momentum?<\/span><\/h2>\n

Ethereum is exchanging hands at $2,282, a price level it last touched in January 2024. Notably, the second-largest cryptocurrency by market cap briefly touched the $3,900 mark, before losing all its gains.\u00a0<\/span><\/p>\n

Most recently, it was<\/span> reported<\/span><\/a> that 112,000 ETH was moved to crypto exchanges in one day, suggesting that investors might not be too keen on holding ETH while its price relative to Bitcoin weakens.<\/span><\/p>\n

Related Reading: Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?<\/a><\/div>\n

Some experts<\/span> opine<\/span><\/a> that now might be a good time to convert BTC holdings to ETH as they see a potential 180% surge in the battered ETH\/BTC ratio. <\/span><\/p>\n

The continual selling pressure on Ethereum has also moved ETH to oversold territory, giving<\/span> hope<\/span><\/a> to ETH holders that the digital asset has likely bottomed and might soon see a strong price recovery.<\/span><\/p>\n

\"ethereum\"
Ethereum is back to its January 2024 price level | Source: ETHUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from Unsplash, Charts from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Today’s Ethereum-Bitcoin (ETH\/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH\/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH\/BTC ratio. The ratio essentially tracks the relative price strength of Ethereum against Bitcoin and is widely considered a metric that could indicate the future potential price action of altcoins. As of September 16, 2024, the ETH\/BTC ratio sits at 0.039, a level it last touched 3 years ago in April 2021. In fact, after hitting a high of 0.088 in December 2021, the ETH\/BTC ratio has been on a long-lasting decline, barring the occasional dead cat bounce, before further eroding in value. Related Reading: Ethereum Price Nosedives Over 5%, Pressure Mounts on Bulls Regarding altcoin price action, a surging ETH\/BTC ratio indicates that Ethereum is performing well against Bitcoin. Conversely, a declining ratio suggests that Bitcoin outperforms Ethereum and other altcoins, which could trigger a shift in confidence away from Ethereum toward Bitcoin. As a result, the wider crypto market might witness a sell-off in altcoins as capital seeks more stable and better-performing assets. Currently, Bitcoin dominance (BTC.D) sits at 57.78%, and it can be observed that the metric has been on a steady uptrend since November 2022. An increase in BTC.D further solidifies a weakening altcoin market, hinting that liquidity is exiting small-cap tokens, which might lead to volatile price action and quick price drawdowns. It\u2019s worth highlighting that the US Securities and Exchange Commission\u2019s (SEC) approval of Ethereum exchange-traded-funds (ETFs) didn\u2019t quite turn out to be as significant an event for ETH price as it did for BTC. Data from crypto ETF tracker SoSoValue shows that the cumulative net outflow for US Ethereum ETFs is $581 million, while the net inflow for US Bitcoin ETFs is $17.3 billion. Can Ethereum Price Change Its Momentum? Ethereum is exchanging hands at $2,282, a price level it last touched in January 2024. Notably, the second-largest cryptocurrency by market cap briefly touched the $3,900 mark, before losing all its gains.\u00a0 Most recently, it was reported that 112,000 ETH was moved to crypto exchanges in one day, suggesting that investors might not be too keen on holding ETH while its price relative to Bitcoin weakens. Related Reading: Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH? Some experts opine that now might be a good time to convert BTC holdings to ETH as they see a potential 180% surge in the battered ETH\/BTC ratio. The continual selling pressure on Ethereum has also moved ETH to oversold territory, giving hope to ETH holders that the digital asset has likely bottomed and might soon see a strong price recovery. Featured image from Unsplash, Charts from Tradingview.com<\/p>\n","protected":false},"author":619,"featured_media":642402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876],"tags":[134,428,13510,75754,93055,1558,8323,65296,1946,78803],"class_list":["post-642396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-bitcoin","tag-bitcoin-dominance","tag-btc-d","tag-crypto-ratio","tag-cryptocurrency","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?<\/title>\n<meta name=\"description\" content=\"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?\" \/>\n<meta property=\"og:description\" content=\"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-17T08:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-17T05:18:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ash Tiwari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ash Tiwari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\"},\"author\":{\"name\":\"Ash Tiwari\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41\"},\"headline\":\"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?\",\"datePublished\":\"2024-09-17T08:00:47+00:00\",\"dateModified\":\"2024-09-17T05:18:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\"},\"wordCount\":525,\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280\",\"keywords\":[\"altcoin\",\"bitcoin\",\"bitcoin dominance\",\"btc.d\",\"crypto ratio\",\"cryptocurrency\",\"ETH\",\"ethbtc\",\"ethereum\",\"ETHUSDT\"],\"articleSection\":[\"Altcoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\",\"url\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\",\"name\":\"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280\",\"datePublished\":\"2024-09-17T08:00:47+00:00\",\"dateModified\":\"2024-09-17T05:18:32+00:00\",\"description\":\"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280\",\"width\":1920,\"height\":1280,\"caption\":\"ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.shenyangcang.com\/#website\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41\",\"name\":\"Ash Tiwari\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g\",\"caption\":\"Ash Tiwari\"},\"description\":\"Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash\u2019s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance. In the NFT space, Ash\u2019s interest is driven by the technology\u2019s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash\u2019s research in this area often touches on the intersection of culture, technology, and community-driven projects. A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash\u2019s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution. When it comes to communicating these complex topics, Ash\u2019s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights. Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain\u2019s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries. Ash\u2019s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash\u2019s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.\",\"url\":\"https:\/\/www.shenyangcang.com\/author\/aisshwaryatiwari\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?","description":"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?","og_description":"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.","og_url":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-09-17T08:00:47+00:00","article_modified_time":"2024-09-17T05:18:32+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","type":"image\/jpeg"}],"author":"Ash Tiwari","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ash Tiwari","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#article","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/"},"author":{"name":"Ash Tiwari","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41"},"headline":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?","datePublished":"2024-09-17T08:00:47+00:00","dateModified":"2024-09-17T05:18:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/"},"wordCount":525,"publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","keywords":["altcoin","bitcoin","bitcoin dominance","btc.d","crypto ratio","cryptocurrency","ETH","ethbtc","ethereum","ETHUSDT"],"articleSection":["Altcoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","url":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","name":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage"},"image":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","datePublished":"2024-09-17T08:00:47+00:00","dateModified":"2024-09-17T05:18:32+00:00","description":"The Ethereum-Bitcoin (ETH\/BTC) trading pair today tumbled below 0.04, a level last seen back in April 2021.","breadcrumb":{"@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#primaryimage","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","width":1920,"height":1280,"caption":"ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?"}]},{"@type":"WebSite","@id":"https:\/\/www.shenyangcang.com\/#website","url":"https:\/\/www.shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/www.shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/66ba14b4f737ebbc85ec7d893b1f9f41","name":"Ash Tiwari","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/477dc73c26a35c18ca40f21a879a99b3?s=96&d=mm&r=g","caption":"Ash Tiwari"},"description":"Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash\u2019s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance. In the NFT space, Ash\u2019s interest is driven by the technology\u2019s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash\u2019s research in this area often touches on the intersection of culture, technology, and community-driven projects. A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash\u2019s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution. When it comes to communicating these complex topics, Ash\u2019s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights. Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain\u2019s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries. Ash\u2019s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash\u2019s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.","url":"https:\/\/www.shenyangcang.com\/author\/aisshwaryatiwari\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?","url":"http:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.shenyangcang.com\/altcoin\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\/"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280"},"articleSection":"Altcoin","author":[{"@type":"Person","name":"Ash Tiwari"}],"creator":["Ash Tiwari"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","bitcoin","bitcoin dominance","btc.d","crypto ratio","cryptocurrency","eth","ethbtc","ethereum","ethusdt"],"dateCreated":"2024-09-17T08:00:47Z","datePublished":"2024-09-17T08:00:47Z","dateModified":"2024-09-17T08:00:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?\",\"url\":\"http:\\\/\\\/www.shenyangcang.com\\\/altcoin\\\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.shenyangcang.com\\\/altcoin\\\/ethereum-bitcoin-ratio-breaks-0-04-barrier-could-altcoins-be-at-risk\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/ethereum_574877.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/ethereum_574877.jpg?fit=1920%2C1280\"},\"articleSection\":\"Altcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ash Tiwari\"}],\"creator\":[\"Ash Tiwari\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"bitcoin\",\"bitcoin dominance\",\"btc.d\",\"crypto ratio\",\"cryptocurrency\",\"eth\",\"ethbtc\",\"ethereum\",\"ethusdt\"],\"dateCreated\":\"2024-09-17T08:00:47Z\",\"datePublished\":\"2024-09-17T08:00:47Z\",\"dateModified\":\"2024-09-17T08:00:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/ethereum_574877.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642396"}],"collection":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/users\/619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/comments?post=642396"}],"version-history":[{"count":7,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642396\/revisions"}],"predecessor-version":[{"id":642421,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642396\/revisions\/642421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media\/642402"}],"wp:attachment":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media?parent=642396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/categories?post=642396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/tags?post=642396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}