Ether Surges 3.5% to Over $4,000 for First Time Since December
Interest rates are expected to decrease in the U.S., leading to increased investment in altcoins following the SEC's case dismissal against Ripple.
- Ether (ETH) increased by 3.5% in the last 24 hours, surpassing $4,000 for the first time since December.
- ETH is up 25% year-to-date and 112% year-over-year.
- Bitcoin (BTC) remained stable at $116,800 over the last day.
- ETH/BTC ratio rose by 3% in the past hour and is up 42% this month.
- Year-to-date and year-over-year, the ETH/BTC ratio decreased by 4% and 20%, respectively.
- XRP gained 9%, SOL rose by 3.5%, and Dogecoin (DOGE) increased by 5.3% in the last 24 hours.
- Stocks of ether treasury companies: Bitmine Immersion (BMNR) rose by 13% and Sharplink Gaming (SBET) increased by 4% on Friday.