After dipping below the $20k range yesterday, Bitcoin regained support this Friday. On the other hand, Ethereum continues to outperform Bitcoin in terms of price action, as the cryptocurrency gained 4% in the past 24 hours, rising above the $1,600 level. The upcoming network merge for ETH is nearing and is the primary reason for Ethereum’s positive performance this week. Key Points: Ethereum outperforms Bitcoin in price action as the network merge is coming soon. Bitcoin rises back above $20k while ETHUSD surpasses $1,600. Ethereum’s market cap continues to grow while Bitcoin’s remains relatively flat. Michael Saylor is having a
The post Ethereum Outperforms Bitcoin as ETH Rises Above $1,600 While BTC Remains at $20K appeared first on The Merkle News.
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