Ether has outperformed Bitcoin and the wider crypto market with a 15% surge, helping it bounce from an all-time low market dominance.
Ethereum’s price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows.
Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto market, which has climbed almost 5% to reclaim a total market value of $3 trillion.
Ether has now managed to recover almost 30% since its April 9 crash to $1,400, leading some analysts to suggest that the worst may be over for the world’s second-largest crypto asset.
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