The story surrounding EtherETHFor some time, the possibility of this asset rapidly becoming an independent asset was possible. This notion has seen mainstream acceptance increase over the past few months. best highlightedETH’s northbound movement has been substantial since Oct. 1.BTC).

For perspective purposes, at the beginning November, the 1-month-old correlation was realized between the two. Dipped as low as 60%, its lowest ever in the currency’s decade-old history. Ether also saw a remarkable 505% increase in value since January, compared to Bitcoin’s 105% gains. This means that Ether outperformed the flagship cryptocurrency by almost five times.