Ethereum Gained 6.9% While Bitcoin Gained 4.7%. Is ETH Outperforming BTC Right Now?

Ethereum Gained 6.9% While Bitcoin Gained 4.7%. Is ETH Outperforming BTC Right Now?

A political scare, a wave of forced liquidations, and one sharp bounce put Ethereum ahead of Bitcoin for a day. Longer timeframes tell a different story, and the next price levels will reveal which one holds.

Ethereum Price Jumps to About $2,420 as Shorts Get Squeezed

The Ethereum price was $2,417.10 at 09:48 GMT+1 on Thursday, up 4.07% over 24 hours, per TradingView. Ether has given back part of an overnight bounce that reached 7% at its strongest reading. Two explanations sit behind the move, and the morning’s data supports both of them. Short sellers were squeezed hard as the rebound ran, and US spot ether ETFs bought for the first time in seven sessions on Wednesday. The Ethereum price also outran bitcoin…

Ethereum Price Surges Over 7%: $236M Liquidations Fuel ETH Recovery – What Happens Next?

The post Ethereum Price Surges Over 7%: $236M Liquidations Fuel ETH Recovery – What Happens Next? appeared first on Coinpedia Fintech News Ethereum price has staged a strong rebound, climbing more than 7%, reclaiming the $2,400 mark as buyers return to the market. The rally comes amid a broader recovery across cryptocurrencies following the initial volatility triggered by the US midterm election results. The key question now is whether Ethereum …

Ethereum Price Jumps 7% Into the $2,500 Ceiling: Levels to Watch

Ethereum rose 7% to $2,442, back above its 100-day SMA intraday. The 0.236 Fib and 50-day SMA near $2,500 now stand overhead.