Bitcoin shocked the finance world yesterday rocketing more than $1,000 to over $13,000 per BTC at the high. Today, Ethereum is following suit, with 6% already on the books and a chance to soar much higher is here.
Here’s what to watch for in ETH and the signs to watch for if the <span class="wpg-tooltip-term-title">Altcoin</span></h3><div class="wpg-tooltip-content">Altcoin is defined as any cryptocurrency except for Bitcoin. “Altcoin” is a combination of two words: “alternative Bitcoin” or “alternative coin”. There are over 1,500 altcoins with many more planned for release.<p class="wpg-read-more"><a href="https://www.newsbtc.com/dictionary/altcoin/">» Read more</a><p></div>”>altcoin will catch up to Bitcoin’s massive rally.
Ethereum Blasts $25 Intraday For More Than 5% Pump
The second-ranked cryptocurrency isn’t letting Bitcoin soak up all the limelight, and has followed the top cryptocurrency’s showstopping pump yesterday with a rally of its own.
Related Reading | Crushing Bitcoin Dominance Could Decimate Altcoins Through Q1 2021
Following a breakout from an inverse head and shoulders bottoming pattern, Ethereum has already risen 6% intraday from low to high, all while Bitcoin has pulled back
Ethereum breaks out from bottoming formation, targets retest of 2020 highs