Ethereum Market Share Shrinks to 7.4%, Nearing 2020 Lows

Ethereum’s dominance in the crypto market has fallen sharply, now sitting at just 7.4%—levels not seen since 2020.

To put things in perspective:

🔁 In 2021, 1 $ETH = 0.08 BTC

⚠️ Today, 1 ETH = 0.018 $BTC

That’s a 4x decline in ETH’s value relative to Bitcoin. The shift underscores growing challenges for Ethereum as competitors rise and investor focus shifts.

Will ETH bounce back, or is this the new normal?