Ethereum breaks through $3,100, hitting a 22-month high! The ETH/BTC exchange rate rose by more than 18% in 2 weeks

Ethereum (ETH) continued to fluctuate and rise from US$2,900 over the weekend that just ended. At around 08:30 this morning (26th), it reached a maximum of US$3,150, setting a new record for 2022. A new high since April this year.

At the time of writing, ETH is currently trading at $3,120, up 4.46% in the past 24 hours.

Bitcoin has repeatedly challenged $52,000

As for Bitcoin (BTC), BTC failed to break through $52,000 several times over the weekend and continued to fluctuate within a narrow range at the $51,500 level. It was trading at US$51,704 at the time of writing, up 0.39% in the past 24 hours, which is relatively weak compared to the growth of Ethereum.

The ETH/BTC ratio has risen by more than 18% in two weeks

The stronger gains of Ethereum have caused the ETH/BTC ratio to rise above 0.06 and is now at 0.06035. The increase in the past two weeks has exceeded 18% , returning to the high point in January this year.

Whether market funds will continue to flow to altcoins other than Bitcoin is worthy of continued observation.

The top ten currencies have seen mixed gains and losses

CoinMarkeCap ​​data shows that the top ten currencies have seen mixed gains and losses in the past 24 hours, with BNB and AVAX had increases of 1.8% and 1.3% respectively; the largest decline was ADA, which fell 1.4%.

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