Summary
BTC reached all-time highs at $19,000 in late November 2020, while ETH was below $600. BTC broke record price, leading to ETH hitting $4,400 peak in May after a multi-month rally.
Key Points
1. In late November 2020, BTC was nearing its all-time high of $19,000, while ETH was trading below $600, significantly lower than its 2018 peak.
2. Following BTC’s surge past its previous record price, ETH started a months-long rally and reached a peak of $4,400 in May.
3. The significant price difference between BTC and ETH in late November 2020 eventually closed as ETH experienced a strong rally to reach new highs.