The cryptocurrency market has turned upward: Ethereum surpasses Bitcoin!
The cryptocurrency market is experiencing a second wind: Ethereum (ETH) has jumped 30% in two days, soaring above $2400 for the first time. This growth is the most significant since 2021 and has triggered massive liquidations of short positions — over $1.2 billion in just one day.
Among the reasons for this rally are the positive macroeconomic conditions in the USA: the resumption of trade negotiations and the willingness of banks to offer cryptocurrency services to their clients. The successful launch of the Pectra upgrade on Ethereum has also rekindled interest in the cryptocurrency.
Meanwhile, altcoins have also shown growth, with Dogecoin (DOGE) rising nearly 27%. Bitcoin's dominance index has fallen from 65.4% to 63.6%, confirming the flow of capital into alternative assets.
Stay tuned to the market and keep informed of events!
