Ethereum Price Plummets Below $1,500 as ETH/BTC Drops to New Lows

Ethereum (ETH) has experienced a dramatic decline in value against Bitcoin (BTC), falling below the psychologically important 0.02 level. On Monday, the cryptocurrency reached an intraday low of 0.01965 BTC on Binance and is currently trading around $1,515. This marks a significant drop for Ethereum, as those who purchased ETH during the ICO-fueled bull market in January 2018 would have seen no growth.