At the going price of $4,370, the cryptocurrency is up 45% on a month-to-date basis versus bitcoin’s 40% gain. The ether-bitcoin implied volatility spread is rising in a sign that the market expects ether to continue leading the price action in the coming weeks, as Thursday’s First Mover newsletter mentioned.
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
