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Ethereum Surges Past Bitcoin as ETH/BTC Ratio Hits Three-Month High

Guavy AI Editorial Team Published July 28, 2026

Instruments

BTC ETH

Ethereum's price has risen by 19.6% over the past month, outperforming Bitcoin and other top 20 cryptocurrencies.

The ETH/BTC ratio hit a three-month high at 0.030, indicating Ethereum's strength relative to Bitcoin.

Thomas Lee, chairman of Bitmine, cited the breakout when his company raised its Ethereum holdings and equity buyback.

The validator exit queue has emptied, with no validators currently waiting to withdraw their staked ETH.

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