Bitcoin Price (BTC) Resumes Lower After Failed Bounce

Ether (ETH) outperformed by a hair, falling 4% over the past day, but longer-term, the second-largest crypto has seen its price relative to bitcoin plunge 21% this year to its lowest level since April 2021. At $2,490 at press time, ether’s 2024 year-to-date advance has narrowed to just 9% versus bitcoin’s 39% rally.