The ETH/BTC ratio has seen a significant increase over the past five years, from 0.02 to 0.08 in early 2022. This meant that ETH’s value quadrupled compared to BTC. Howev
er, the ratio has been in decline since then. Even as BTC reached a new high, ether’s value has not broken through its 2021 peak and has decreased by 46% since its peak.