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Ethereum weakens against Bitcoin, hitting a three-month low in ETH/BTC ratio despite stable dollar price.

Market News
19 Oct 2026
CryptoTicker
View Source
Bearish
Ethereum weakens against Bitcoin, hitting a three-month low in ETH/BTC ratio despite stable dollar price.

The ETH/BTC ratio, which measures Ethereum's value relative to Bitcoin, has declined by over 10% since mid-September, reaching a three-month low near 0.0289. While Ethereum's dollar price remains stable around $2,400, its performance against Bitcoin shows a steady loss, indicating investors favor Bitcoin over Ethereum recently. This trend reflects a slow capital shift rather than a sudden market event. Investors should consider the ETH/BTC ratio alongside dollar prices when evaluating holdings, especially given tax implications in crypto swaps in some regions like Germany. The next key ratio levels to watch are 0.0289 as support and 0.0315 as resistance, with potential price impacts tied to Bitcoin's price movements.

As of Oct 20, 2026 04:42 WIB, Ethereum trades at Rp43.248.286 on Pluang, showing a 1-day gain of 2.37%, while Bitcoin is priced at Rp1.474.536.263 with a 1-day increase of 1.65%. Despite the ETH/BTC ratio decline noted in the article, Ethereum's price on Pluang is rising faster than Bitcoin's today. The platform data also shows Ethereum's market cap at Rp5.290,32 trillion, highlighting its significant presence in the market.

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