Ethereum Prize decoupled from Bitcoin
The market breaks out from the steps of crypto prices. While Bitcoin is still recovering from the break -in, Ethereum already reaches a new all -time high. But it is too early to summon a „flipping ring”. Because Ethereum is still far from the highest level in Bitcoin.
Usually the cryptoma markets swim as boring synchronously as the stock markets: if one falls, everyone falls, and if one rises, everyone increases. Sometimes one more and the other less, but the movements remain largely parallel.
This has changed something in the past three weeks: while Bitcoin of an all -time high of almost 33.000 euros fallen at 25.000 has reached a local low and has recovered since then, Ethereum also took a slight kink with it, but quickly recovered from it and continued the existing upward course in no way. So it happens that Bitcoin today, at just under 30.000 euros, still a good distance from the all -time high, while Ether with 1.300 euros on the highest level so far – and the wave -shaped upward trend looks flawlessly intact.
A slightly further scaled chart confirms this trend:
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