RATE Group | Ethereum Surges 6% Leading Crypto Market Surge
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Ethereum Surges 6% Leading Crypto Market Surge

12 Oct Ethereum Surges 6% Leading Crypto Market Surge

Posted at 12:01h in Ethereum News by

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Ethereum (ETH) has surged today, marking an extension of the upwards momentum that it incurred earlier this week when the crypto surged nearly 7% after Bitcoin posted a strong bounce at its range lows of roughly $7,800.

This bullishness appears to be lifting the aggregated crypto markets, and it is highly probable that further ETH gains will be fueled by a drop in Bitcoin’s dominance over the aggregated crypto markets.

Ethereum Surges 4% as Crypto Markets Show Hints of Bullishness

At the time of writing, Ethereum is trading up roughly 6% at its current price of $190, which marks a notable surge from its recent lows of $171 that were set earlier this week before it began incurring notable upwards momentum.

This surge comes about as multiple major altcoins have incurred momentum as Bitcoin ranges within the lower-$8,000 region, and most major altcoins including Ethereum appear to be unfazed by the recent bearishness that BTC has incurred ever since it plummeted below $10,000.

In the…

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