A significant shift is occurring within the cryptocurrency market, with Ethereum (ETH) losing ground against Bitcoin (BTC). Ethereum has fallen to its lowest level in five years relative to Bitcoin since May 2020, hitting a ratio of around 0.02191 BTC per ETH. This dramatic decline underscores a critical change in the dynamic between these two major cryptocurrencies. The market analysis suggests that this price discrepancy is partly due to Bitcoin’s growing dominance within the cryptocurrency sphere. Experts point out that macroeconomic uncertainties and the recent approval of spot ETF for Bitcoin have contributed significantly to this shift. 2025 has seen ETH lose around 40% in value compared to BTC, marking a significant change from the usual ETH/BTC parity.