Ethereum has only outperformed Bitcoin for 15% of all trading days since its launch almost a decade ago, according to analysts.
Since Ether (ETH) began trading in mid-2015, it has underperformed against Bitcoin (BTC) 85% of the time, analyst James Check said in an April 8 X post.
Data shared by Check shows that Ether significantly outperformed Bitcoin in its early years from mid-2015 to around mid-2017, and it had two short periods in late 2019 and early 2020 when the ETH to BTC ratio was in Ether’s favor.
However, Bitcoin has outperformed Ether for the past five years.
ETH/BTC profitable days. Source: James Check
The ETH/BTC ratio, which shows the price of Ether in terms of Bitcoin, fell to a five-year low of 0.018 on April 9, according to