Ethereum Nears $4,000 Amid Altcoin Weakness, Potential for Continued ETH Dominance
The post Ethereum Nears $4,000 Amid Altcoin Weakness, Potential for Continued ETH Dominance appeared on BitcoinEthereumNews.com.
Ethereum has surged close to $4,000, outperforming altcoins which have lost 4% against ETH this week, signaling growing ETH dominance and pressure on altcoins. Altcoins like XRP and Solana are declining in value against ETH despite stability in USD terms, reflecting shifting market dynamics. Institutional interest in Ethereum, driven by staking yields and ETF developments, contributes to ETH’s relative strength. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Ethereum nears $4,000 as altcoins lose ground against ETH. Stay informed on ETH dominance trends and altcoin market shifts with COINOTAG. Why Is Ethereum Surging While Altcoins Lose Value Against ETH? Ethereum’s recent surge to nearly $4,000 marks a significant breakout above resistance levels, supported by increasing trading volume and a rising Relative Strength Index (RSI). This momentum confirms a strong uptrend, with ETH trading well above key moving averages. Meanwhile, altcoins are losing value when measured in ETH pairs, reflecting a growing dominance of Ethereum in the crypto market. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”,…
