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How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

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cointelegraph.com

Ethereum's native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the coming months.The ETH/BTC pair's bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether's future valuations versus keeping their capital long-term in BTC.

Conversely, a bearish ETH/BTC cycle is typically accompanied by a plunge in altcoins and Ethereum's decline in market share.

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