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Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?

Ethereum losing streak vs. Bitcoin hits 15 months — Can ETH price reverse course?

 

The price of Ethereum’s native token, Ether (ETH), is trading around a 15-month low versus Bitcoin (BTC), and the lowest since Ethereum switched to proof-of-stake (PoS).

Will it continue to weaken for the remainder of 2023? Cointelegraph takes a closer look at the charts.

ETH/BTC weekly price chart. Source: TradingViewNet flows into crypto funds (by asset). Source: CoinShares

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