Ether (ETH) Blows Past $3K, Outperforms Bitcoin (BTC) After Trump’s Election Win and Fed Rate Cut

ETH, the world’s second-largest cryptocurrency by market value, surged past $3,000 on Saturday, reaching the highest since Aug. 2, according to CoinDesk data. Prices have risen 23.39% this week, the biggest gain since May, outperforming BTC’s 11.2% gain by a significant margin. The total crypto market capitalization has increased by 13.5% to $2.5 trillion.

Source: https://www.coindesk.com/markets/2024/11/09/ether-blows-past-3k-builds-bullish-momentum-after-trumps-election-win-and-fed-rate-cut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines