Ethereum $3,619 has experienced an 8% increase in the last 24 hours, reaching levels not seen since May 2024. Currently, ETH is trading at $3,661 and has recorded a remarkable 79% growth year-over-year.
Ethereum’s Role in Market Recovery
In the wake of Bitcoin $95,120‘s recent decline, Ethereum has assumed a leading position in the market. The ETH/BTC trading pair has shown an increase of over 10% in the past five days, indicating a shift in market sentiment and a resurgence of interest in altcoins.
According to QCP Capital analysts, the 13% jump in the ETH/BTC pair is seen as a sign of the

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