By Isaac • July 12, 2026 9:29 pm •
Ethereum is finally gaining ground on Bitcoin again.
The ETH/BTC ratio climbed to roughly 0.02846 late Sunday, its strongest reading in about two months.
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That means one Ether now buys more Bitcoin than it did at any point in the last 60 days.
The move is real. It is also smaller than the excitement around it suggests.
Ethereum still has several important levels to reclaim before a two-month relative bounce becomes a broad crypto rotation.
Tom Lee put the ratio back in front of traders Sunday night:
Come by today for @WebX_Asia at 11:25am at the CYRL Stage at the Prince Park Tower Tokyo 🇯🇵
I will be speaking about the “Uncanny Valley of
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