Ether’s Big Network Upgrade May Be Coming. Why the Token Is Trouncing Bitcoin.

6 months ago 26

Updated March 22, 2022 3:43 p.m. ET / Original March 22, 2022 3:42 p.m. ET

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Bitcoin has perked up, gaining 8% to astir $42,600 successful the past week. But Ether, the second-largest cryptocurrency, has gained 15% and has pushed past a cardinal level of $3,000.

Ether, the autochthonal token of the Ethereum blockchain network, seems to beryllium getting a assistance from the forces lifting cryptos successful general. Investors are returning to high-growth “risk assets” arsenic the markets digest prospects for interest-rate increases and different steps to tighten monetary argumentation from the Federal Reserve, on with the consequences of the war...

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