🚀 Ethereum (ETH) is catching up! After lagging behind Bitcoin (BTC), ETH surged 8% to over $3,880, fueled by $800 million in shorts closing and a capital influx reminiscent of the 2021 bull market. 📈

- BTC's dominance dipped from 61.85% to 54.84%, allowing ETH and other top cryptocurrencies like Ethereum Classic (ETC), Filecoin (IOU), Polkadot (DOT), and Uniswap (UNI) to shine with impressive gains.

- Meanwhile, BTC remained steady despite Federal Reserve Chair Jerome Powell's comments on inflation and crypto's role as a speculative asset.

What are your thoughts on ETH's rise? Share in the comments!