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CDS Crypto News Bitcoin vs Ethereum Price: ETH Leads the Race with a 5% Increase

Crypto News

Bitcoin vs Ethereum Price: ETH Leads the Race with a 5% Increase

There are new developments in the Bitcoin vs Ethereum price race.

lectertodd28/04/20241 Mins read34

Crypto News – The price of Ethereum, the second-largest cryptocurrency, has increased by more than 5.03% in the last day.

Bitcoin vs Ethereum Price: ETH Leads the Race with a 5% Increase

Based on data from CoinGecko, ETH is presently trading at $3,280 on major spot markets. Right now, the dominance of Bitcoin is a little over 50%. After hitting 0.052 BTC earlier today, the ETH/BTC pair is currently trading at 0.051 BTC. Now, the pair has increased by around 13% just in the last two weeks. The pair has yet to lose 15% of its 2024 peak, which was reached on January 12 at 0.061 BTC.

Despite the fact that Consensys, a major supporter of the second-largest cryptocurrency network, recently sued the SEC after receiving a Wells notice from the regulator, Ethereum’s price recovered. The firm claims that by designating an altcoin as a security, the SEC seeks to increase the scope of its authority.

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Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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