ETH/BTC exchange rate drops to 10-month low, Ethereum continues to underperform Bitcoin

According to Coinglass data, the ETH/BTC exchange rate fell to 0.02835 on Tuesday, its lowest level since July 2025, marking a cumulative decline of over 35% from the August 2025 high of 0.04324.

Data shows that ETH fell over 2% on the day, while BTC dropped approximately 1%. The ETH/BTC exchange rate is now significantly below the 200-week moving average of 0.04828, with the technical outlook continuing to reflect Ethereum's long-term weakness relative to Bitcoin.