Ether price jumps 20% vs. Bitcoin as BlackRock boosts Ethereum ETF bets

Ethereum ETF “value” is acknowledged by CEO Larry Fink as ETH’s price rises sharply in both U.S. dollar and BTC terms.

Ether (ETH) has gained more than 20% against Bitcoin (BTC) in 72 hours, and traders see further upside to come.

Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC rising from yearly lows of 0.0478 on Jan. 9 to hit 0.0587 on the day.

ETH/USD is also busy breaking out, seeing levels absent from the chart since mid-2022.

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Source: https://cointelegraph.com/news/ether-price-jumps-20-bitcoin-blackrock-ethereum-etf