$ETH
Ethereum had a rough beginning of 2025—failing to reach new all-time highs, while Bitcoin smashed through its own ATH multiple times. Solana, providing a cheaper alternative to ETH services, also held stronger than the Ether throughout the latter part of 2024 and beginning 2025.
ETH performance is key to the overall crypto market performance; the past Altcoin cycles have always been led by ETH performance over BTC.
ETH/BTC is a great cryptocurrency spread for a crypto trader to spot relative performance, provide a direction for which crypto to choose, and track the appetite for altcoins.