**Ether Outshines Bitcoin with Strong Weekly Gains**
Ether (ETH) surged 18.7% between Sept. 17 and Sept. 23, outperforming Bitcoin (BTC) in weekly gains. ETH's price rose 4% in the last 24 hours to $2,650, while BTC climbed 1.8% to $63,678. The overall crypto market cap increased by 2% to $2.3 trillion.
Key Points:
- ETH gained 17.5% over the past week, compared to BTC's 9.8%.
- The ETH/BTC ratio hit a three-week high, indicating rising demand for Ether.
- Ethereum ETFs saw minor inflows, but overall investment products still lag behind Bitcoin.
- Bitcoin's market dominance dropped from 58.7% to 57.4%, suggesting a shift towards altcoins like Ether.
- Positive funding rates and increased network activity signal a bullish outlook for ETH.
Stay tuned as Ether continues to show strong performance against Bitcoin.