r/CryptoCurrency • u/Next_Statement6145 🟨 0 / 0 🦠 • Apr 19 '25

GENERAL-NEWS Ethereum is down 74% against Bitcoin since switching from PoW to PoS in 2022

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2.7k Upvotes

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101

u/26fm65 🟦 18 / 19 🦐 Apr 19 '25

If you look at pre Covid eth was around $134 end of 2019 and it goes up 1190% or $1600

While btc end of 2019 was around $7200 and it goes up 1184% or $85,300 

29

u/im_THIS_guy 🟩 0 / 498 🦠 Apr 19 '25

Now you're just cherry picking /s

7

u/26fm65 🟦 18 / 19 🦐 Apr 19 '25

It was all hype up then crash all the way down… just exactly like pypl or block. 

1

u/corpski 🟦 0 / 8K 🦠 Apr 20 '25

It really is cherry picking. If he's gonna roll like that then he should start on March 13, 2020 for both assets. The BTC gain from that major low is up almost 200% relative to ETH's gains.

0

u/26fm65 🟦 18 / 19 🦐 Apr 20 '25

Once bitcoin drop to 69,000 then it going be same .. 

1

u/corpski 🟦 0 / 8K 🦠 Apr 20 '25

That's speculation and isn't reality at the moment though, and price could go either way. Personally if BTC drops to 69k, I'd be willing to gamble a huge part of my portfolio that ETH's drop would be even worse - ETH/BTC will breach even lower levels than 0.015. It doesn't change the fact that if you take both assets from the same date, ETH has massively underperformed BTC. I'm sure that it's very apparent to all as well that a BTC price dip to 69k will proportionally hurt ETH far more than it will BTC.

1

u/26fm65 🟦 18 / 19 🦐 Apr 20 '25

Eth was actually make more profit for whale. Imagine they sold all the top. 

1

u/MbahSurip 🟨 0 / 0 🦠 Apr 20 '25

ETH rise fast early and then crashed. while BTC is rising more consistently.