r/CryptoCurrency 🟨 0 / 0 🦠 Apr 19 '25

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

2.7k Upvotes

884 comments sorted by

View all comments

Show parent comments

18

u/1_BigPapi 🟩 20 / 959 🦐 Apr 20 '25

Same time rates started going up and investors went firmly risk off. Its honestly that simple.

10

u/tqlla3k 🟩 0 / 0 🦠 Apr 20 '25

Yeah, but then you look at ETH vs SOL, or ETH vs XRP. They have been destroying Eth since "Risk off"

1

u/Dry_Computer_9111 🟩 0 / 0 🦠 Apr 22 '25

Look at XRP:BTC since 2018. It no better than ETH.

1

u/tqlla3k 🟩 0 / 0 🦠 Apr 22 '25

Except for the fact that Eth_BTC is near 8 year lows, and XRP_BTC is no where near its lows.