On October 26, COINOTAG reported a notable **decline** in **Bitcoin** prices, marking a critical moment in the cryptocurrency market. As indicated by **TradingView** data, the value of **Ethereum** against Bitcoin (ETH/BTC) experienced a sharp contraction, plummeting to **0.03625**. This represents a **24-hour decrease** of approximately **1.15%**, underscoring a significant downturn amidst sustained market volatility. The exchange rate has now reached its lowest point since the robust **bull market** peak of 2021, prompting traders and investors to reassess their positions. The ongoing fluctuations highlight the **dynamic** nature of cryptocurrency valuations and the need for effective risk management strategies. As the market continues to shift, stakeholders are urged to remain vigilant and informed to navigate these challenging conditions.
Source: https://en.coinotag.com/breakingnews/bitcoin-faces-sudden-downturn-as-eth-btc-exchange-rate-hits-lowest-since-2021-bull-market/