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What to Expect -Breaking

by Mike Robinson

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Ethereum becoming stronger than Bitcoin: What should we expect

Bitcoin has jumped by almost 9% over the past 7 days, but over the same period, it’s biggest Altcoin competitor, , recorded even higher gains of 14% as ETH topped back to psychological levels of $3,000 for the first time since the beginning of March.

The cryptocurrency market is showing bullish signs, which suggests that investors want to return to more risky assets rather than stablecoins. Inflows have increased as well on the crypto exchanges.

“Ethereum demand and adoption are strong”, say the co-founders of Glassnode.

Glassnode data was shared to the Twitter (NYSE) community. It can be clearly seen that Ethereum, which is based on total transaction fees over that time, is much in demand.

Data charts show that Ethereum has begun to lose ground in the battle for Bitcoin dominance.

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