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MARKET STRUCTURE / DOLLARS OUT. RELATIVE STRENGTH IN.

ETH BTC Ratio Chart on Coinbase

One ETH, priced in BTC. Two coins. One very specific comparison.

COINBASE:ETHBTCBTC per ETHDefault timezone: UTC
LIVE MARKET WINDOW / TRADINGVIEW

ETH / BTC

BTC per ETH
Coinbase
COINBASE:ETHBTC · UTCWindow preset: 1M. Bar interval is labelled inside the plot.
Opening the market feed…

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View ETH BTC Ratio Chart on Coinbase on TradingView ↗
Feed updates automatically. Inspect observation time and data status inside the chart.Chart by TradingView
THE SHORT ANSWER

What does the ETH/BTC ratio show?

The ETH/BTC chart follows Coinbase’s ETH/BTC spot market in TradingView. Each value is the number of bitcoin priced for one ether. An upward move means ETH gains against BTC on that market across the observations being compared.

GOOD DATA NEEDS CONTEXT

Read it.
Don’t mythologize it.

The unit matters: 0.03 BTC per ETH describes a relative price, not three cents and not a percentage. Compare two observations from the same market and window. A lower ETH/BTC ratio means one ETH buys fewer BTC, even if both assets rose in US-dollar terms.

This is the directly traded spot pair. We do not reconstruct it by dividing dollar feeds with different timestamps. Use a short window for local movement or a longer one for context, and inspect each point’s timestamp before drawing a comparison.

AN EXAMPLE. NOT A LIVE READING.

If one ETH is priced at 0.03 BTC and later at 0.033 BTC, ETH has gained 10% against BTC over those observations. These values are examples, not live readings.

WHAT THIS CHART CANNOT TELL YOU

Relative outperformance does not guarantee a dollar profit. ETH/BTC can rise while both assets fall in USD if BTC falls more. The ratio is neither an executable cross-provider swap quote nor a universal measure of Ethereum network activity.

GOOD TO KNOW

Less guessing.
Better questions.

Can ETH/BTC rise while Ethereum falls in dollars?

Yes. ETH can fall in USD while Bitcoin falls more. A relative-price gain and a dollar-price gain are different outcomes.

Is the ratio calculated from two USD charts here?

No. The displayed feed is Coinbase’s directly traded ETH/BTC spot pair. That avoids presenting two separately timed dollar observations as a synchronized ratio.

How fresh are the values, and can I export them?

TradingView supplies the feed and its observation timestamps. The crypto chart updates automatically while connected; check the widget’s status before treating a value as current. The page does not maintain a separate copy of live quotes or offer a market-data CSV export. If the source cannot load, use the direct source link.

CHECK THE SOURCE

Source identity and methodology reviewed 1 November 2026. This is a definition review date, not the market-data timestamp.

WHEN YOU WANT AN EXECUTABLE QUOTE

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