{"id":124958,"date":"2025-03-13T04:16:04","date_gmt":"2025-03-13T04:16:04","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=124958"},"modified":"2025-03-13T04:16:04","modified_gmt":"2025-03-13T04:16:04","slug":"eth-btc-hits-5-year-low-as-trader-suggests-rotation-into-stronger-alts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=124958","title":{"rendered":"ETH\/BTC hits 5-year low as trader suggests rotation into stronger alts"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsEthereum&#8217;s value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins.<br \/>\n\u201cIf still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,\u201d economist and crypto trader Alex Kruger said in a March 12 X post.<br \/>\nETH\/BTC ratio is an altcoin season indicator<br \/>\n\u201cIf the market goes down, you\u2019ll likely lose equally in both cases, but if it goes up, you\u2019ll likely outperform significantly and can then swap into BTC,\u201d Kruger opined.<br \/>\nThe ETH\/BTC ratio \u2014 which shows Ether\u2019s relative strength compared to Bitcoin \u2014 is sitting at 0.02281, its lowest level in nearly five years, according to TradingView data.\u00a0<br \/>\nBitcoin Dominance is 0.02281 at the time of publication. Source: TradingViewBoth the leading cryptocurrencies by market cap are trading below key psychological price levels. Bitcoin is trading at $83,667 \u2014 having remained below the $100,000 level since Feb. 5 \u2014 while Ether (ETH) is at $1,907, floating below $2,000 since March 10.<br \/>\nMeanwhile, the Crypto Fear &amp; Greed\u00a0Index, which measures overall market sentiment, read a \u201cFear\u201d score of 45, up 11 points from yesterday\u2019s score.<br \/>\nThe Crypto Fear &amp; Greed Index is reading a \u201cFear\u201d score of 45. Source: alternative.meMany in the crypto industry see the ETH\/BTC ratio \u201cbottoming out\u201d as a sign that altcoin season could kick off. On Feb. 14, Into The Cryptoverse founder Benjamin Cowen said on X to get an altcoin season, \u201cETH\/BTC needs to bottom and start trending higher.\u201d<br \/>\nBitcoin season could dominate<br \/>\nHowever, other indicators suggest that altcoin season may not come so soon, and Bitcoin (BTC) may continue to hold market share in the near term.<br \/>\nCoinMarketCap\u2019s Altcoin Season Index \u2014 which bases the performance of the top 100 altcoins relative to Bitcoin over the past 90 days \u2014 reads a score of 13 out of 100, leaning more toward Bitcoin season.<br \/>\nRelated: Crypto whale liquidated for $308M in leveraged Ether trade<br \/>\nPseudonymous crypto trader and Pear Protocol adviser Hansolar said in a March 13 X post that it will be Bitcoin season \u201call year round.\u201d<br \/>\nThe trader said altcoin season was only 16 days last year and happened when Bitcoin\u2019s Dominance dropped from 61% on Nov. 20 to 55% on Dec. 5 before rebounding to 59% by Dec. 21.<br \/>\nAt the time of publication, Bitcoin dominance stands at 62.15%, according to TradingView.<br \/>\nWhen Ether hit its all-time high of $4,800 in November 2021, Bitcoin&#8217;s dominance was approximately 42%.<br \/>\nMagazine: Crypto fans are obsessed with longevity and biohacking: Here\u2019s why<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/ether-bitcoin-ratio-multi-year-low-rotate-altcoins-crypto-analyst?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsEthereum&#8217;s value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins. \u201cIf still&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124958"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=124958"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/124958\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=124958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=124958"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=124958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}