Ethereum Surges, ETH/BTC Exchange Rate Rises 1.5%

In a recent development, Ethereum’s value has surpassed $3,400, leading to a notable increase in the ETH/BTC exchange rate. According to TradingView data, the rate rose by 1.5% in just 1.5 hours, reaching 0.0364.

Market Shifts

As Ethereum strengthened, its exchange rate with Bitcoin saw a significant boost. The ETH/BTC exchange rate increased by 1.5% in a short span of 1.5 hours, reaching 0.0364.

Bitcoin Market Share Dips

Conversely, Bitcoin’s market share (BTC.D) experienced a slight decline, falling by 0.5% to 57.7%. This shift in market dynamics reflects the current fluctuations in the cryptocurrency market.

Source: TradingView data (December 30)

Source: M.theblockbeats.info

The post Ethereum Surges, ETH/BTC Exchange Rate Rises 1.5% appeared first on CoinBuzzFeed.