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Crypto Market Surges as Bitcoin and Ether Reach New Highs.

1 min read
Source: CoinDesk
TL;DR

Ether (ETH) reached an eight-month high of $1,873, outperforming Bitcoin (BTC) as Nasdaq futures rose to an eight-month high, offering bullish cues to risk assets, including cryptocurrencies. The ether-bitcoin ratio rose over 1% to 0.066, taking back a small portion of the 7% decline seen last month. Ether's outperformance comes as the highly anticipated Shanghai upgrade is now less than two weeks away, which has been widely hailed as a long-term bullish catalyst for ether and liquid staking tokens.

Topics:businesscryptocurrency#bitcoin#capital-rotation#cryptocurrency#ethereum#nasdaq#shanghai-upgrade
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  1. Ether Rallies to 8-Month High, Gains Ground Against Bitcoin  CoinDesk
  2. Bitcoin Price Holds Above $28,000. Crypto Bulls May Be a 'Little Too Confident.’  Barron's
  3. Will Bitcoin Pass the $30K Test? Trader Explains Why BTC Is Rallying  CoinDesk
  4. Op-ed: How to resist CBDCs & avert a dystopian future  CryptoSlate
  5. Bitcoin Holds Above $28,000. Crypto Bulls Maybe a 'Little Too Confident.’  Barron's

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