Ethereum Drops to 14-Month Low Against Bitcoin: Dominance Dips Below 18%

Ethereum (ETH) is facing headwinds as its value against Bitcoin (BTC) plunges to a 14-month low. The ETH/BTC trading pair has been establishing lower price points, recently hitting a level not seen since July 2025 – 14 months ago. This decline coincides with a dip in Ethereum's dominance, now hovering below 18%.

According to CoinDesk, Ethereum's ether (ETH) dipped to a 14-month low against Bitcoin (BTC). This comes as large token holders, including Ethereum co-founder Vitalik Buterin, moved their coins to crypto exchanges.

What's Driving the Ethereum Decline?

The ether-to-bitcoin ratio has dropped significantly, reaching a low of 0.02, its lowest level since December 2025, according to The Kobeissi Letter. The ETH/BTC pair has been creating lower lows of late, reflecting a shift in market sentiment. Several factors could be contributing to this trend, including increased selling pressure from large holders.

Potential Price Targets and Recovery Scenarios

If demand wanes further, ETH could dip to $3,182 or lower. However, recovery depends on breaking the $3,677 resistance level. Investors are closely watching these key price points to gauge future market movements.

Ethereum's (ETH) dominance has seen a sharp decline, further adding pressure to its price against Bitcoin. This confluence of factors paints a challenging picture for ETH in the short term.