Ether Posts Weekly Gain Against Bitcoin Amid Drop in BTC Market Dominance
Ether’s (CRYPTO: ETH) recent performance has seen the cryptocurrency outstrip bitcoin in terms of gains for two consecutive weeks — despite the latter’s halving event. There was a 7.5% increase in the ETH/BTC trading pair during that timeframe, as noted by Monday’s Bitfinex Alpha report. “This not only marks ether’s strongest weekly gain against Bitcoin (CRYPTO: BTC) since early January but also comes at a pivotal time amid swirling negative speculation around Ethereum” the Bitfinex report said. Read the full story at The Block.