Ethereum Soars Past Bitcoin: Market Shifts Signal New Dominance

While Bitcoin’s value dipped during market shifts, Ethereum made a remarkable surge to new all-time highs, exceeding $4,900. This significant increase in Ethereum is attributed to substantial inflows of cryptocurrency exchange-traded funds (ETFs) and the influence of institutional investors and large whales. Experts believe these factors suggest a broader rebalancing within the market, with Ethereum taking center stage.